Mortgage applications fall | Waccabuc Real Estate

Mortgage applications in the United States fell 9.7 percent in the week ending September 15th, 2017, after rising 9.9 percent in the previous period. It is the sharpest decline in mortgage applications since July of 2016, data from the Mortgage Bankers Association showed. Applications to purchase a home slumped 10.8 percent and refinance applications dropped 8.5 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.04 percent. Mortgage Applications in the United States averaged 0.48 percent from 2007 until 2017, reaching an all time high of 49.10 percent in January of 2015 and a record low of -38.80 percent in January of 2009.

United States MBA Mortgage Applications




2017-09-0611:00 AMMBA Mortgage Applications3.3%-2.30.50%
2017-09-1311:00 AMMBA Mortgage Applications9.9%3.3%0.48%
2017-09-2011:00 AMMBA Mortgage Applications-9.7%9.9%0.43%
2017-09-2711:00 AMMBA Mortgage Applications0.45%
2017-10-0411:00 AMMBA Mortgage Applications0.46%
2017-10-1111:00 AMMBA Mortgage Applications0.46%


United States HousingLastPreviousHighestLowestUnit
Building Permits1300.001230.002419.00513.00Thousand[+]
Housing Starts1180.001190.002494.00478.00Thousand[+]
New Home Sales571.00630.001389.00270.00Thousand[+]
Pending Home Sales-1.300.3030.90-24.30percent[+]
Existing Home Sales5440.005510.007250.001370.00Thousand[+]
Construction Spending-0.60-1.405.90-4.80percent[+]
Housing Index0.100.301.20-1.80percent[+]
Nahb Housing Market Index64.0067.0078.008.00[+]
Mortgage Rate4.044.0310.563.47percent[+]
Mortgage Applications-9.709.9049.10-38.80percent[+]
Home Ownership Rate63.7063.6069.2062.90percent[+]
Case Shiller Home Price Index200.54199.05206.52100.00Index Points

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