(Finance) – Decreasing mortgage applications in the United States. In the week to 3 January 2025, the index measuring the volume of mortgage loan applications recorded a decrease of 3.7%, after the 12.6% drop recorded in the previous survey.
The index relating to requests for refinancing increased by 1.5%, while that relating to new questions it was down by 6.6%.
This was announced by the Mortgage Bankers Associations (MBA), indicating that i rates on thirty-year mortgages they increased to 6.99% from 6.97% previously.