Mortgage Applications Increase in Latest MBA Survey
Mortgage apps increased 3.9 percent for the week ending July 12, 2024
Mortgage apps increased 3.9 percent for the week ending July 12, 2024
The drop happened as the 30-year conforming rate reached 7.07 percent—its highest level since early May
Despite high prices and rates, applications increased by 1 percent compared to February
The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 689,000 units last month
The Refinance Index increased 8 percent from the previous week and was 2 percent lower than the same week one ...
A rates continue to tick up, mortgage applications have now decreased for three consecutive weeks
The Refinance Index increased 2 percent from the previous week and was 3 percent higher than the same week one ...
Despite an uptick in rates to start 2024, applications increased nearly 10 percent
The holiday adjusted Refinance Index decreased 18 percent from two weeks ago
Average mortgage rates are now at their lowest level since August
© 2023 California Listings, Inc.