MBA: Mortgage Applications Increase in Latest Weekly Survey

Mortgage applications increased 0.8% from one week earlier, according to the Mortgage Bankers Association’s Weekly Applications Survey for the week ending June 21, 2024. This week’s results include an adjustment for the Juneteenth holiday.

Quote: Nov. 27, 2023

“Those who are sidelined by high prices and rates not only can’t afford a home now, but they’re not building wealth through homeownership for the future.”
–Redfin Senior Economist Sheharyar Bokhari

Quote: Nov. 22, 2023

“Most mortgage rates in our survey decreased, with the 30-year fixed mortgage rate
decreasing to 7.41 percent, the lowest rate in two months.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist.