Talking Points

  • Total mortgage application volume fell 3 percent from the previous week, and 17 percent from a year ago, according to the Mortgage Bankers Association’s seasonally adjusted report.
  • Applications to purchase a home fell 2 percent for the week, and were also down 2 percent from a year ago.
  • Mortgage applications to refinance a home loan dipped 5 percent from the previous week to the lowest point since December 2000.