Mortgage Broker Company - A Decline In Mortgage Applications?

We have heard quite a bit about the housing market changes. Here are some statistics in this article.

Mortgage Applications Hit A Slow Down

NEW YORK (CNNMoney.com) — U.S. mortgage applications fell last week, despite a drop in interest rates, an industry trade group’s data showed Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of requests for home loans for the week ended Oct. 27 fell 3 percent to 570.8, from 588.6 one week earlier.

For full article go here.

Sharon

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