The Mortgage Bankers Association reports in their weekly survey of loan application activity reports that new purchase applications for week ending April 2nd rose 0.2 percent on a seasonally adjusted basis from the prior week. however, refinance applications fell 11 percent
Mortgage rates for the week were;
- 30 year fixed 5.31 percent, up from 5.04 the prior week.
- 15 year fixed 4.54 percent, up from 4.34.
- 1 year adjustable at 7.03 percent, up from 6.88.
Don Grafues
Resource: REALTOR.org & Mortgage Bankers Association
Resource: REALTOR.org & Mortgage Bankers Association
