US 30-year mortgage rate plunges by most in nearly 16 months
The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months on the back of a rally in the Treasury market that drove down the benchmark yields used to set home loan costs.
- United States MBA 30-Year Mortgage Rate $USD Actual: 7.61% Previous: 7.86%
- Mortgage Refinance Index $USD Actual: 347.3 Previous: 341.7
- Mortgage Market Index $USD Actual: 165.9 Previous: 161.8
- Mortgage Applications (WoW) $USD Actual: 2.5% Previous: -2.1%
