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US MBA mortgage applications for the week ending 17 January 2020 were down 1.2% after last week's huge 30.2% pump. Mortgage rates were steady under  4% fueling the activity..

mortgage applicaition

From the U.S. Mortgage Bankers Association for the week ending 17 January 2020

  • Application -1.2% vs +30.2% prior
  • Purchase index 297.80 vs 303.90 prior
  • Market index 606.20 vs 613.60 prior
  • Refinancing index 2401.50 vs 2444.70 prior
  • 30-year mortgage rate 3.87% vs 3.87% prior

From The TradersCommunity News Desk

 

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