Latest data from the Mortgage Bankers Association for the week ending 12 April 2019
- Prior -5.6%
- Purchase index 280.7 vs 278.1 prior
- Market index 459.0 vs 475.6 prior
- Refinancing index 1,453.0 vs 1,582.6 prior
- 30-year mortgage rate 4.44% vs 4.40% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Despite the drop in mortgage activity, the home-purchase loan applications index rose by 0.9% to 280.7 – the highest level since April 2010.