Latest data from the Mortgage Bankers Association for the week ending 30 March 2018
- Purchase index -2.1% at 252.3
- Market index -3.3% at 388.1
- Refinancing index -4.9% at 1130.1
- 30-year mortgage rate 4.69% as prev
Headline measures the change in number of applications for mortgages backed by the MBA during the week.
A big fall on the week, but not a data point that holds too much significance in real terms. A general glimpse into the housing market. Not going to matter a lot with all the trade concerns today