Mortgage applications drop 8.9% after snowstorm
By: Sarah Wolak | Published: 2026-02-04 16:52:14 | Source: www.housingwire.com
The seasonally adjusted purchase index decreased 14% from one week earlier, while the unadjusted purchase index increased 2% compared with the previous week and was 4% higher than the same week one year ago.
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“Application volume was down last week, led by a 14% drop in purchase applications. Winter Storm Fern likely had an impact as much of the country was snowed in, hampering…
