Mortgage Applications Down in Mid-July

Mortgage Bankers Association | July 18, 2019

Mortgage Applications Down in Mid-July
According to the Mortgage Bankers Associations Weekly Mortgage Applications Survey for the week ending July 12, 2019, mortgage applications in the U.S. decreased 1.1 percent from one week earlier. Last weeks results included an adjustment for the Fourth of July holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.1 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 24 percent compared with the previous week.

Spotlight

After several years of assisting banks with their model building efforts, Trepp began to hear requests from clients to build a challenger or benchmark CRE model that could be useful for risk management reporting and regulatory submissions.

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Spotlight

After several years of assisting banks with their model building efforts, Trepp began to hear requests from clients to build a challenger or benchmark CRE model that could be useful for risk management reporting and regulatory submissions.