US MBA mortgage applications w.e. 31 January +2.2% vs -2.0% prior

• Latest data from the Mortgage Bankers Association for the week ending 31 January 2025

• Prior was -2.0%
• Market index 224.8 vs 220.0 prior
• Purchase index 156.7 vs 162.4 prior
• Refinance index 584.3 vs 520.9 prior
• 30-year mortgage rate 6.97% vs 7.02% prior

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