US MBA mortgage applications w.e. 28 March -1.6% vs -2.0% prior
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- Prior -2.0%
- Market index 243.6 vs 247.5 prior
- Purchase index 158.2 vs 155.8 prior
- Refinance index 710.4 vs 752.4 prior
- 30-year mortgage rate 6.70% vs 6.71% prior
Mortgage applications fell slightly again in the past week, owing to a decline in refinancing activity. That offset the slight increase in purchases activity last week, as the average home loan rate held steady.
This article was written by Justin Low at www.forexlive.com.
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