Mortgage Applications Fell Last Week -MBA
NEW YORK (Reuters) - Applications for home mortgages in the U.S. fell last week even as mortgage rates edged down, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage activity fell 5.7 percent to 715.0 in the week ended Nov. 19, more than offsetting a 4.3 percent gain the prior week. Fixed 30-year mortgage rates averaged 5.64 percent last week, excluding fees, down from 5.70 percent the prior week. The MBA's seasonally adjusted index of refinancing applications fell 8.3 percent to 2179.3 after a 10.6 percent advance the prior week. The association's purchase index, a gauge of loan requests for home purchases, dropped 3.5 percent last week to 463.3 on top of declines the two prior weeks.
Quelle "Mortgage Applications Fell Last Week -MBA" : reuters.com
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