Mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to 4.42% from 4.46%, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For the week ended April 26, applications for refinances decreased 5% while applications for purchases fell 4%. On … Continue reading Mortgage Applications Fell for a Fourth Week Despite Drop in Rates