US MBA mortgage applications w.e. 28 March -1.6% vs -2.0% prior

  • Latest data from the Mortgage Bankers Association for the week ending 28 March 2025
  • Prior -2.0%
  • Market index 243.6 vs 247.5 prior
  • Purchase index 158.2 vs 155.8 prior
  • Refinance index 710.4 vs 752.4 prior
  • 30-year mortgage rate 6.70% vs 6.71% prior

Mortgage applications fell slightly again in the past week, owing to a decline in refinancing activity. That offset the slight increase in purchases activity last week, as the average home loan rate held steady.

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