U.S. mortgage applications dip in latest week: MBA

(Reuters) – Applications for U.S. home loans slipped in the latest week, although a drop in the previous week was revised to a smaller fall than previously reported, data from an industry group showed on Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 1.8 percent in the week ended November 8.

The index fell a revised 2.8 percent in the previous week. That drop had previously been reported at 7 percent.  Read more

 

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