Mortgage Bankers Association for week ending 18 Jun
- Prior 4.2%
- Market index 686.4 vs 672.4 prior
- Purchase index 268 vs 266.3 prior
- Refinancing index 3110 vs 3026 prior
- 30-year mortgage rate 3.18% vs 3.11% prior
Mortgage market robust and plenty of growth in the pipeline. Refinancing up shows more applications are in the pipeline. Purchase index higher too which is used for the sole purpose of buying a private home.
