US Mortgage Applications Down 4.5%... 30-Year Rate at 6.94%
[Asia Economy Reporter Yuri Choi] On the 19th (local time), the Mortgage Bankers Association (MBA) in the United States announced that the number of mortgage applications in the U.S. decreased by 4.5% compared to the previous week. This decline was larger than the 2.0% decrease recorded the previous week.
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The 30-year mortgage rate announced by the MBA rose slightly to 6.94% from 6.81% the previous week.
This content was produced with the assistance of AI translation services.
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