Very slight increase in mortgage application volume this week

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The volume of mortgage applications increased slightly during the week ending March 2, the second straight week of volume increases, according to the Weekly Mortgage Applications Survey released.

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Weekly figures released by the Mortgage Bankers Association showed that the Market Composite Index, which is a measure of mortgage loan application volume. the week prior. According to the MBA,

Last week, the rate for a 30-year fixed-rate mortgage increased to 4.40 from. However, with rates bumping up a bit, mortgage application volume decreased by. Although rates rose slightly last week, they are still a quarter of a percentage. However, so many homeowners have already refinanced, taking.

Mortgage rates increased for the 1 st time in 7-weeks in the week ending 20 th june. 30-year fixed rates rose by 2 basis points to 3.84% following no change from the previous week.