Storm Contributes to Lower Application Activity


As expected, superstorm Sandy in the northeast contributed to a 5% decline in mortgage application activity in the week ending Nov. 2. The Refinance Index fell 5% to 4244.3, while the Purchase Index was down 4.8% to 176.4.

The full article is available to Asset Securitization Report's subscribers only

Free Trial
For immediate access, sign-up for a risk-free trial.

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.