Originators of single-family loans were a little less busy this past week. Government share, meanwhile, was the greatest it’s been in nearly three months.
In the seven days that concluded on April 6, the Market Composite Index retreated a seasonally adjusted 2 percent from the preceding week.
A 1 percent decline without seasonal adjustments from the week ended March 30 was recorded for the index, a measure of retail residential application volume.
Source: Mortgage Daily