Purchase Index News

Surge in US Mortgage Applications: A 11.2% Jump Signals Strong Market Movement

US mortgage applications surged by 11.2% for the week ending March 7, with interest rates dropping to their lowest since October 2024. This growth reflects a strong market, with si...

US Mortgage Applications See a Slight Increase Amid Falling Interest Rates

Mortgage applications in the US increased by 0.1% as of October 17, with a decrease in the average interest rate for 30-year fixed-rate mortgages to 7.02%. The Purchase and Mortgag...

US Mortgage Applications Dip by 3.7%: A Sign of Cooling Housing Market?

US mortgage applications decreased by 3.7%, following a 12.6% drop the previous week, signaling a potential cooling in the housing market. The Market Index and Purchase Index both ...