"Mortgage application volume fell 14.2% during the week ending April 18, according to the Mortgage Bankers Association's weekly application survey.
The MBA's application index fell to 637.6 from 743.4 the previous week.
Refinance volume fell 20.2%, while purchase volume declined 6.4%. Refinance applications accounted for 49.2% of total applications compared with 53.5% a week earlier."
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Mortgage application volume falls, MBA says
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