trending Market Intelligence /marketintelligence/en/news-insights/trending/X6Ceb2iAaKKGD5jNtKx6Iw2 content esgSubNav
In This List

US weekly mortgage applications post 3rd-straight decline

Blog

Banking Essentials Newsletter: October Edition

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization


US weekly mortgage applications post 3rd-straight decline

U.S. mortgage applications declined for the third consecutive week, shedding 0.4% on a seasonally adjusted basis for the week ended Sept. 29, after a 0.5% decline in the week before, according to the Mortgage Bankers Association.

On an unadjusted basis, the market composite index was down 1% over the previous week.

The refinance index slipped 2% from the previous week, while the seasonally adjusted and unadjusted purchase indices were up 1% each.

The refinance share of mortgage activity decreased to 50.1% of total applications in the week ended Sept. 29, from 50.8% in the week before, the MBA survey noted.