Mortgage Applications Dip as Refinancing Plummets

The Mortgage Bankers Association reports a 7% decline in home-purchase applications and a significant 23% drop in refinancing activity. Learn more about the housing market trends.

Aesthetic image of a modern home with a for sale sign, overlayed with downward-trending graph lines
Mortgage Applications Dip as Refinancing Plummets

The Mortgage Bankers Association reported a nearly 7% decline in home-purchase applications and a more than 23% drop in refinancing activity.

Source