Latest data from the Mortgage Bankers Association for the week ending 28 June 2019
- Prior +1.3%
- Purchase index 269.3 vs 266.3 prior
- Market index 518.1 vs 518.7 prior
- Refinancing index 1,925.6 vs 1,949.5 prior
- 30-year mortgage rate 4.07% vs 4.06% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Not much change in mortgage activity in the last week as the long-term mortgage rate holds steady following the noticeable drop seen in the week before.
There isn't much here to suggest an improvement in housing activity for the time being.
