Mortgage applications drop 1.6% as borrower intent shrinks
Mortgage applications fell 1.6% as the 30-year fixed rate rose to 6.37%, refinance fell 4% and purchases rose 21% year over year.
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Mortgage applications edge down as refis stall, purchase demand weakens
Mortgage applications fell 0.8% as the 30-year fixed rate dipped to 6.51%, with refis down 3% and purchases up 1%.
Read MoreMortgage rates north of 6.5% trigger sharp drop in applications
MBA reports mortgage applications fell 10.4% last week as the 30-year fixed rate rose to 6.57% and refinances fell 17%.
Read MoreMortgage demand plummets 11% as 30-year fixed rate rises to 6.3%
MBA dats shows mortgage applications fell 10.9% as the 30-year fixed rate hit 6.3%, while the purchase index rose 1% week over week.
Read MoreMortgage applications rise slightly as rates move closer to 6%
MBA says applications rose 0.4% as the 30-year fixed rate fell to 6.09%. Refinances rose 4% and purchase apps fell 5% week over week.
Read MoreMortgage applications rise 28.5% after GSE $200B bond directive
Mortgage applications rose 28.5% after Trump directed the GSES to buy $200B in bonds, with refis up 40% and rates down to 6.18%.
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