The number of mortgage applications last week fell 2.7 percent compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. However, volume was 3.3 percent higher than a year ago.
From BlackRock: Even as the Federal Reserve reduces its investments in mortgage-backed securities, there are good reasons to be bullish on these assets. Karen explains. NASDAQ:MBB December 11, 2017 8:31am