• Prior -10.6%
  • Market index 171.5 vs 181.6 prior
  • Purchase index 127.6 vs 133.6 prior
  • Refinance index 395.9 vs 427.0 prior
  • 30-year mortgage rate 7.04% vs 7.06% prior

Mortgage applications continue to slump hard once again after a slight recovery during the last few months until early January. The purchase index is back near the lows seen at the end of last year:

USMBA