"Mortgage application volume fell 8.7% during the week ended June 13, according to the Mortgage Bankers Association's weekly application survey.
The MBA's mortgage application index fell to 508.4 during the week, from 557.1 the previous week.
Refinance application volume tumbled 15%, while purchase activity declined 4.3% during the week. Refinance applications accounted for 37.4% of all applications - the lowest level all year."
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Mortgage application volume fell last week
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