Mortgage Application Volume Falls Last Week

Washington, DC, July 2, 2014 — Mortgage application volume fell slightly last week, according to the Mortgage Bankers Association.

MBA said its seasonally adjusted index of mortgage application activity declined 0.2% in the week ending June 27.

The index of refinancing applications rose 0.1%, while the measure of home purchase applications fell 0.7%.

Fixed 30-year mortgage rates averaged 4.28 percent in the week, down from 4.33 percent the week before.


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