Latest data from the Mortgage Bankers Association for the week ending 19 April 2019
- Prior -3.5%
- Purchase index 269.3 vs 280.7 prior
- Market index 425.6 vs 459.0 prior
- Refinancing index 1,293.0 vs 1,453.0 prior
- 30-year mortgage rate 4.46% vs 4.44% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Mortgage activity notably declines on the week as the long-term mortgage rate rises slightly once again to 4.46% now. That will put off home buyers for a bit as the softer trend in the US housing market looks to be continuing once more.
