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.
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.
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