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US MBA mortgage applications for the week ending 27 September jumped 8.1% after slumping =10.1% the prior week. Mortgage rates fell back under 4% fueling the activity.

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From the U.S. Mortgage Bankers Association for the week ending 27 September 2019

  • Application 8.1% vs -10.1% prior
  • Purchase index 263.8 vs 261.4 prior
  • Market index. 553.8 vs 512.2 prior
  • Refinancing index 2202.6 vs 2545.6 prior
  • 30-year mortgage rate 3.99% vs 4.02% prior

From The TradersCommunity News Desk

 

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