Winter Weather Puts Purchase Applications on Ice
By: Mortgage News Daily | Published: 2026-02-06 16:32:00 | Source: www.mortgagenewsdaily.com
Mortgage application activity moved lower again last week, extending the pullback from January’s earlier burst of demand as weather disruptions and softening purchase activity weighed on overall volume.
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The Mortgage Bankers Association (MBA) reported that applications declined 8.9% for the week ending January 30. The Market Composite Index fell 8.9% on a seasonally adjusted…
