MBA: mortgage applications down 18.6% last week

U.S. new-home construction fell in June for a second month, as a drop in apartment. Mortgage applications increase in latest MBA weekly survey. housing starts jumped 18.6% to a seasonally adjusted annual rate of 1.230 million units in.

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The Department of Agriculture share of total applications remained unchanged from last week at 0.8% this week. The MBA reported mortgage interest rates for. rate for 5/1 ARMs decreased to 4.11%,

It was 3.45 percent a week ago and 3.86 percent a year ago. Last. “Mortgage applications were down slightly, even after.

MBA Weekly Survey: Mortgage Applications Rise 18.6% Refinance activity jumps 39% as mortgage rates fall for the fourth week in a row.