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<Econ> US Weekly MBA Mortgage Applications Fall 1.6%
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According to data compiled by the Mortgage Bankers Association (MBA), mortgage applications in the US for the week ended April 24 fell 1.6% from the previous week. The decline was in line with a 2 bps increase in the MBAs benchmark mortgage rate to 6.37%. Refinancing mortgage applications, which are more sensitive to short-term rate changes, dropped 4%. In contrast, mortgage applications for new home purchases edged up 1%. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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