US mortgage applications slip 1.4pc
By Iain Gilbert
Date: Wednesday 20 Aug 2025
(Sharecast News) - US mortgage applications fell 1.4% in the week ended 15 August, according to the Mortgage Bankers Association of America, trimming the prior week's 10.9% surge.
Applications to refinance a mortgage, which are more sensitive to short-term rate changes, fell by 3.1%, while applications to purchase a home were broadly flat week-on-week.
Last week's drop came alongside a one basis point increase in benchmark 30-year mortgage rates.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN