Mortgage Applications Dip in Late April

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 19, 2019, Mortgage applications decreased 7.3 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 7.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6 percent compared with the previous week.

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