October New Home Purchase Mortgage Apps Decreased 28.6 Percent Annually
Compared to September 2022, applications decreased by 13 percent
Compared to September 2022, applications decreased by 13 percent
The 30-year fixed rate remained above 7 percent for the third consecutive week
Mortgage applications decreased 0.5 percent from one week earlier
The application index was down 68.7 percent compared to the same period in 2021
Apps decreased 14.2 percent from one week earlier, according to the Mortgage Bankers Association
Apps increased 3.8 percent for the week ending September 16
The MBA’s Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week ...
Purchase applications remain at a 22-year low, according to the MBA
MBA’s tracking found interest dropped 6.3 percent last week
Following weeks on the decline, the refinance index finally saw a bump up, per the MBA
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