US MBA mortgage applications w.e. 5 January +9.9% vs -10.7% prior
Latest data from the Mortgage Bankers Association for the week ending 5 January 2024
Prior -10.7%
Market index 190.6 vs 173.5 prior
Purchase index 148.6 vs 140.7 prior
Refinance index 425.4 vs 358.2 prior
30-year mortgage rate 6.81% vs 6.76% prior
Market index 190.6 vs 173.5 prior
Purchase index 148.6 vs 140.7 prior
Refinance index 425.4 vs 358.2 prior
30-year mortgage rate 6.81% vs 6.76% prior
After the subdued activity during Christmas week, mortgage applications rebounded to start the new week. Both purchases and refinancing activity jumped even as rates did move up in the past week. $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
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