trending Market Intelligence /marketintelligence/en/news-insights/trending/K4J3TY5ZXNfAiyRz8MP9fA2 content esgSubNav
In This List

US weekly mortgage applications down 2.8%

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Commercial Banking: June 22nd Edition


US weekly mortgage applications down 2.8%

U.S. mortgage applications fell 2.8% on a seasonally adjusted basis in the week ended July 28, the Mortgage Bankers Association said.

On an adjusted basis, the market composite index dropped by 3% compared with the previous week.

The refinance index declined 4% from the previous week. The seasonally adjusted and unadjusted purchase index slipped 2%, to the lowest seasonally adjusted level since March.

The refinance share of mortgage activity fell to 45.5% of total applications from 46% in the previous week, according to the MBA's latest weekly survey.