US MBA mortgage applications w.e. 31 May +1.5% vs -3.3% prior
Latest data from the Mortgage Bankers Association for the week ending 31 May 2019
- Prior -3.3%
- Purchase index 253.1 vs 259.4 prior
- Market index 417.8 vs 411.5 prior
- Refinancing index 1,335.6 vs 1,255.4 prior
- 30-year mortgage rate 4.23% vs 4.33% prior
That said, housing market sentiment remains on the softer side in the US so there's still some room for concern in the outlook.