Notizie economiche
03.07.2024

U.S. weekly mortgage applications fall 2.6 per cent

The Mortgage Bankers Association (MBA) reported on Wednesday that the mortgage application volume in the U.S. fell 2.6 per cent in the week ended June 28, following a 0.8 per cent rise the week before. This represented the first drop in total mortgage application volume in four weeks. 

According to the MBA’s data, last week’s decline in mortgage applications reflected a 3.3 per cent plunge in mortgage applications to purchase a home and a 1.5 per cent decrease in mortgage refinance applications. 

The report also showed that the average fixed 30-year mortgage rate jumped from 6.93 per cent to 7.03 per cent, the highest level in four weeks.

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