US MBA mortgage applications w.e. 8 January +16.7% vs +1.7% prior
Latest data from the Mortgage Bankers Association for the week ending 8 January 2021
- Market index 965.2 vs 827.2 prior
- Purchase index 338.9 vs 313.8 prior
- Refinancing index 4,706.3 vs 3,917.6 prior
- 30-year mortgage rate 2.88% vs 2.86% prior
That is a major jump in mortgage activity to start the new year, with both purchases and refinancing seeing a significant boost. Again, this just reaffirms that the US housing market continues to hold up rather strongly in light of the virus crisis.
Help Us Improve This Article
Did you find an inaccuracy? We work hard to provide accurate and scientifically reliable information. If you have found an error of any kind, please let us know.
Add comment. we appropriate your effort.
If you have any news, helping material, etc, kindly share it with us at info@aamirranjha.com. We help others on behalf of you
Follow
