Mar 13, 11:12 AM

MBA Reports Mortgage Applications Surge 7.1%, Purchases Up 4.7%, Refinancings Increase 12.2%

Mortgage rates have become a concern as applications fluctuate. MBA reports a 7.1% increase in applications, with purchases up by 4.7% and refinancings by 12.2%. A slight decline to 6.84% led to a surge in home purchase applications.

#MBA

Written with ChatGPT (GPT-3).

Sources

MarketWatch@MarketWatch
2 years ago
Refinancing rush is on as 30-year mortgage rates dip below 7% level https://t.co/MCaOrkCX2u
Market Rebellion@MarketRebels
2 years ago
US mortgage applications were up 7.1% in the week ended March 8, according to the Mortgage Bankers Association. Applications for Purchases were up 4.7% on the week and those for Refinancings increased 12.2%. 🏘️
Bill McBride@calculatedrisk
2 years ago
MBA: Mortgage Applications Increased in Weekly Survey https://t.co/U1b6PALqDN https://t.co/2QVmMSluQ6

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MBA Reports Mortgage Applications Surge 7.1%, Purchases Up 4.7%, Refinancings Increase 12.2%

Sources

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