10:53 AM EST - Real Matters Inc. : Shared the latest U.S. mortgage market data and issued its last weekly operations update. Today, the Mortgage Bankers Association announced that mortgage applications were down 2.3% week-over-week, and up 72.2% year-over-year. Purchase applications were up 12.7% week-over-week and down 20.2% year-over-year. Refinance applications were down 7.3% week-over-week and up 217.6% year-over-year. Based on MBA data for the last several weeks, mortgage applications have stabilized since the beginning of the COVID-19 pandemic. Industry developments have also abated in the last few weeks. Consequently, the Company does not currently plan to issue further weekly commentary. Real Matters reports its second quarter results on May 6. Real Matters Inc.
shares T.REAL are trading down $0.16 at $16.14.
