MBA: Global economic tension pushes mortgage applications even lower

MBA: Global economic tension pushes mortgage applications even lower
Global economic headwinds continued to drive mortgage applications lower for the week ending May 24, 2019, according to the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said even with lower rates on three of the five surveyed loan types, refinance activity fell 6%, essentially reversing an 8% increase the week before.
Source: https://www.housingwire.com/rss