Latest data from the Mortgage Bankers Association for the week ending 25 January 2019
- Purchase index 266.2 vs 272.5 prior
- Market index 388.7 vs 400.6 prior
- Refinancing index 1,049.9 vs 1,110.5 prior
- 30-year mortgage rate 4.76% vs 4.75% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Mortgage activity declined once again after the hot start to the new year. Nothing else really of note from the release here aside from a slight uptick in the mortgage rate.
