(Finance) – Mortgage applications in the United States are still decreasing in the week to February 25, 2022. The index that measures the volume of mortgage loan applications recorded a drop of 0.7% after the -13.1% of the previous week.
The index relating to refinancing requests rose by 0.5%, while that relating to new questions marks a decrease of 1.8%.
This was announced by the Mortgage Bankers Associations (MBA), specifying that i rates on thirty-year mortgages they rose to 4.15% from the 4.06% recorded previously.