US MBA mortgage applications w.e. 12 April -3.5% vs -5.6% prior
Latest data from the Mortgage Bankers Association for the week ending 12 April 2019
- Prior -5.6%
- Purchase index 280.7 vs 278.1 prior
- Market index 459.0 vs 475.6 prior
- Refinancing index 1,453.0 vs 1,582.6 prior
- 30-year mortgage rate 4.44% vs 4.40% prior
That's arguably the only positive from the report here as the Fed's recent pause in tightening monetary policy is at least helping the housing market a little.