MBA Weekly Applications Survey Mar. 24, 2021: Rising Rates Stall Refis

Steadily rising mortgage interest rates reached a nine-month high last week, putting the buzzkill on refinance activity, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 19.

Mortgage Credit Availability Unchanged in February

Mortgage credit availability remained unchanged in February and held near its lowest level in six years, the Mortgage Bankers Association reported this morning.