From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 6, 2020. The first graph shows the refinance index since 1990. The refinance index has been very volatile recently depending on rates and liquidity. But with record low rates, the index remains up significantly from last year. According to the MBA, purchase activity is up 16% year-over-year unadjusted. Note: Red is a four-week average (blue is weekly). from http://www.calculatedriskblog.com/2020/11/mba-mortgage-applications-decrease-in.html
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