US Mortgage Applications Decrease by 3.7% Compared to Previous Week
A house in Massachusetts, USA, with a "For Sale" sign posted. Photo by AP=Yonhap News
View original image[Asia Economy Reporter Kim Heeyoon] On the 28th (local time), the Mortgage Bankers Association (MBA) in the United States announced that the number of mortgage applications in the U.S. decreased by 3.7% compared to the previous week.
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The 30-year mortgage rate announced by the MBA rose slightly to 6.52% from 6.25% the previous week.
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