"The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 16. The Market Composite Index — a measure of mortgage loan application volume was 594.6 -- a decrease of 4.0 percent on a seasonally adjusted basis from 619.3 one week earlier. On an unadjusted basis, the Index decreased 5.2 percent compared with the previous week and was down 15.2 percent compared with the same week one year earlier." (more)

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