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
Despite high prices and rates, applications increased by 1 percent compared to February
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
Rates had their biggest one-day drop in nearly four years this week following an encouraging inflation report
The 30-year fixed rate dropped by 25 basis points to 7.61 percent, the largest single-week decline since July 2022
The National Association of Realtors expects 30-year fixed mortgage rates to fall to 6 percent by the end of 2024
New single-family home sales were up an estimated 3.7 percent last month
© 2023 California Listings, Inc.