Just in:
Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // German Job Market Resilience Bodes Well for Economic Recovery // US reiterates concern over Kejriwal arrest, Cong accounts // Experts come together to support updating the city’s nature conservation masterplan // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Party Nominees Refusing To Contest: Major Perception Threat For BJP // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Renewables Surge Sets Record, But Global Equity Lags // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Global Audience to Witness Thrill of Dubai World Cup // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // AI Boost for Galaxy Devices: Samsung Expands One UI 6.1 Update // Universal Language for Healthcare: General Authority Embraces Global Coding System // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // No running of govt from jail, says Delhi Lt Governor //
HomeInvestingHousing Recovery? US Mortgage Applications Tumble Most Since 2016

Housing Recovery? US Mortgage Applications Tumble Most Since 2016

After dismal housing starts and permits data yesterday, the ‘housing recovery’ narrative took another knock this morning as mortgage applications tumbled 4.1% last week – the biggest drop since December 2016.

While mortgage rates were unchanged, both purchases and refis fell notably…

  • Purchases down 2.7% after rising 1.7% in prior week
  • Refis fell 5.7% after rising 3.3% in prior week

 

Perhaps additionally of note the government’s programs saw a dramatic drop off in the last week…

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Global Audience to Witness Thrill of Dubai World Cup // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // US reiterates concern over Kejriwal arrest, Cong accounts // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Emirati Aid Reaches Ukraine as Food Shortages Bite // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Ingdan Announces 2023 Annual Results // Arvind Kejriwal Gets International Heft Against The Deshi Vishwaguru // German Job Market Resilience Bodes Well for Economic Recovery // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Renewables Surge Sets Record, But Global Equity Lags // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // Experts come together to support updating the city’s nature conservation masterplan //