Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Mortgage Applications Fall for a Fourth Consecutive Week

Mortgage application volume decreased for a fourth straight week during the week ended March 26, dropping 2.2% compared with the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.

Applications for refinances dropped 2% compared with the previous week and were down 32% compared with a year ago. Applications for purchases were also down 2% compared with the previous week but were up 39% compared with a year ago.

The drop

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