US MBA Mortgage applications -1.8% vs 1.5% prior

US MBA mortgage market index data week ending 14 April 2017

  • Mortgage market index 395.6 vs 402.9 prior

  • Purchase index 238.3 vs 246.7 prior

  • Refi index 1274.5 vs 1272.3 prior

  • 30yr mortgage rate 4.22% vs 4.28% prior

Purchases undo all the good work they did the prior week. We're still in sideways mode in this housing indicator and that's largely reflected in the main numbers too.

US MBA purchase index

Apols for the delay in getting this out as I was heads down in my pound post and missed it.

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