US Mortgage Applications Increase by 1.5% Compared to Previous Week
[Asia Economy Reporter Park Byung-hee] The number of mortgage applications in the United States increased compared to the previous week.
According to Bloomberg News on the 26th (local time), the Mortgage Bankers Association (MBA) mortgage application index for the week ending on the 21st rose by 1.5% compared to the previous week. This followed a sharp 6.4% decline the week before, showing a rebound.
The mortgage application index for home purchases increased by 5.7%, rebounding from a 3.4% decline the previous week.
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The refinancing index for refinancing existing mortgages fell by 0.8%, narrowing the drop from an 8.0% plunge the previous week.
This content was produced with the assistance of AI translation services.
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