Latest data from the Mortgage Bankers Association for the week ending 1 February 2019
- Purchase index 253.1 vs 266.2 prior
- Market index 378.9 vs 388.7 prior
- Refinancing index 1,053.4 vs 1,049.9 prior
- 30-year mortgage rate 4.69% vs 4.76% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Mortgage activity continues to suffer a bit of a dip after a strong start to the new year and this comes even as the long-term mortgage rate falls back to its lowest level since April last year:
