The Mortgage Bankers Association (MBA) reported this morning that application activity was mixed for the week ending Sept. 12.

On a seasonally adjusted basis, the Refinancing Index declined 15% to 2438.5, from last week’s showing of 2883.6. In contrast, the Purchase Index increased 5.8% to 432.4, from last week’s figure of 408.8. However, on an unadjusted basis, both the Refi and Purchase indexes rose, increasing nearly 6% and 30%, respectively.

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