Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Mortgage App Volume Fairly Steady; Rates Recovered a Bit, But Risks Remain

Applications for mortgage financing declined again during the week ended September 3. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, was down 1.9 percent on a seasonally adjusted basis heading into the Labor Day weekend and was 3 percent lower on an unadjusted basis. The Refinance Index decreased 3 percent from the previous week and was 4 percent below the volume one year ago. Applications for refinancing represented

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