NEW YORK, June 24
Applications for U.S. home mortgages rose last week as interest rates dipped, an industry group said on Wednesday.The
Mortgage Bankers Association said its seasonally adjusted index of
mortgage application activity, which includes both refinancing and home
purchase demand, rose 1.6 percent in the week ended June 19.The MBA's seasonally adjusted index of refinancing applications rose 1.8 percent, while the gauge of loan requests for home purchases, a leading indicator of home sales, rose 1.2 percent.
ADVERTISING
Fixed 30-year mortgage rates averaged 4.19 percent in the week, down 3 basis points from 4.22 percent the previous week.
The survey covers over 75 percent of U.S. retail residential mortgage applications, according to MBA.
No comments:
Post a Comment