US MBA mortgage market index data report 13 May 2015
- Purchase index 206.7 vs 207.1 prior
- Refi index 1596.5 vs 1697.2 prior
- 30 year mortgage rate 4.00% vs 3.93% prior
The 30 year rate gets back to winning ways and to 4% once more. The US QE taper saw the rate rise through the latter part of 2013 and we can probably expect the same, with a little more caution, as the US heads towards rate rises. Obviously the shenanigans in the bond market are going to have a strong say.
US MBA 30yr mortgage rate
