According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Friday, December 13th, the Market Composite Index—a measure of mortgage loan application volume—declined 0.7% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 2.0% compared with the previous week.

 

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US Mortgage Applications Decrease in the Week Ending December 13th