The Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the week ending Dec. 17 showed that the market composite index dropped 18.6% on a seasonally adjusted basis from one week earlier. 

Meanwhile, on an unadjusted basis, the index dipped 20% versus the previous week. The composite index measures mortgage loan application volume.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.