US Mortgage Loan Interest Rate at 6.67%... Application Volume Up 2.2%
[Asia Economy Reporter Hwang Seoyul] Last week, the average mortgage interest rate and the number of mortgage applications in the United States increased, but the rate of increase slightly decreased compared to the previous week.
On the 23rd (local time), the Mortgage Bankers Association (MBA) of the United States announced that the average 30-year mortgage rate last week was 6.67%, with the increase from the previous week (6.90%) slightly declining.
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The number of mortgage applications increased by 2.2% compared to the previous week. This also showed a smaller increase compared to the 2.7% rise the week before.
This content was produced with the assistance of AI translation services.
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