Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 6.

On an unadjusted basis, the index increased 2% compared with the previous week. The seasonally adjusted purchase index decreased 2% from one week earlier. The unadjusted purchase index increased 4% compared with the previous week and was 4% higher than the same week one year ago.

The refinance index increased 1% from the previous week and was 101% higher than the same week one year ago. Refinance activity, meanwhile, decreased to details ⇒

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