US MBA mortgage applications w.e. 28 March -1.6% vs -2.0% prior
- Prior -2.0%
- Market index 243.6 vs 247.5 prior
- Purchase index 158.2 vs 155.8 prior
- Refinance index 710.4 vs 752.4 prior
- 30-year mortgage rate 6.70% vs 6.71% prior
Mortgage applications fell slightly again in the past week, owing to a decline in refinancing activity. That offset the slight increase in purchases activity last week, as the average home loan rate held steady.