Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending April 3. 

On an unadjusted basis, the index decreased 1% compared with the previous week.

The refinance index decreased 3% from the previous week and was 4% lower than the same week one year ago. The seasonally adjusted purchase index increased 1% from one week earlier. The unadjusted purchase index increased 1% compared with the previous week and was 7% lower than the same week one year ago. 

“Higher mortgage rates and continued economic details ⇒

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