U.S. MBA Mortgage Applications Fall For 2nd Straight Week

Last week, MBA mortgage loan applications in the United States continued to fall by 5.4% week-on-week, showing a two-day losing streak. The previous value was down 8.1%. Among them, home ownership mortgage applications fell by 1.2%, and remortgage applications fell sharply by 8.9%. Obviously, as the Federal Reserve intends to accelerate the tightening of the easing policy, the US Treasury bond yields soared, and the 30-year average fixed mortgage rate continued to rise by 22 basis points on a weekly basis to 4.05%, the highest level in more than two years, and continued to hit homeowners. Mortgage and remortgage for real estate.