Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $41,900
51%  
Woo hoo!! And now only $220 to reach 52%!! Thank you all for your continued support!! God bless.

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  • Mortgage Inferno! Mortgage Purchase Demand (Applications) Down -31% From Previous Week, Refi Application Demand Down -9% WoW

    11/29/2023 5:01:21 AM PST · by Kaiser8408a · 1 replies
    Confounded Interest ^ | 11/29/2023 | Anthony B. Sanders
    Mortgage inferno! Particularly for the mortgage and housing market. But if you want spin the numbers, look at the seasonally-adjusted numbers. I like the unadjusted data better, but they look horrid. Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 24, 2023. This week’s results include an adjustment for the observance of the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 0.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis,...