Mortgage Activity Falls, Purchase Applications Rise

By Qiong (June) Zhang34 Comments

http://www.thestreet.com/_yahoo/story/11073850/1/mortgage-activity-falls-purchase-applications-rise.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

The volume of mortgage loan applications fell 2% on a seasonally adjusted basis in the week ending April 1, the Mortgage Bankers Association said early Wednesday.

Home-purchase loan applications jumped 6.7% week-over-week to its highest level of the year.

News

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