US MBA mortgage applications w.e. 21 April +3.7% vs -8.8% prior

  • Latest data from the Mortgage Bankers Association for the week ending 21 April 2023
  • Prior -8.8%
  • Market index 216.9 vs 209.2 prior
  • Purchase index 169.1 vs 161.6 prior
  • Refinance index 457.6 vs 449.8 prior
  • 30-year mortgage rate 6.55% vs 6.43% prior

Despite higher rates in the past week, US mortgage activity picked up slightly after a sharp fall in the week before that. Both purchases and refinancing were higher but overall, the levels are still very low following the massive slump last year.

Top Brokers

Sponsored

General Risk Warning