According to a report from the Mortgage Bankers Association, mortgage application volume was down 4.2% from two weeks ago. Every year during the holidays, home mortgage application volume dips slightly so this decrease comes as no surprise. The FHA’s share of total mortgage application volume remained unchanged from last week coming in at 10.1%. The VA share of total home mortgage application volume increased to 13.6% from 12.1% the week prior.
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