US MBA mortgage applications w.e. 14 June +0.9% vs +15.6% prior

  • Latest data from the Mortgage Bankers Association for the week ending 14 June 2024
  • Prior +15.6%
  • Market index 210.4 vs 208.5 prior
  • Purchase index 146.0 vs 143.7 prior
  • Refinance index 552.7 vs 554.7 prior
  • 30-year mortgage rate 6.94% vs 7.02% prior

Mortgage applications nudged a little higher in the past week, helped by a further jump in purchase activity. That is offset by a decline in refinancing activity, following the surge higher in that space in the week before. Here's the trend in the market index:

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