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Latest data from the Mortgage Bankers Association for the week ending 16 April 2021
– -3.7%
– Market index 724.8 vs 667.7 prior
– Refinancing index 3,219.9 vs 2,916.7 prior
The jump in mortgage applications in the past week owes to both a spike in purchasing and refinancing activity, with the long-term rate seen slipping further from the high of 3.36%
Search Web: US MBA mortgage applications w.e. 16 April +8.6% vs -3.7% prior
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