B · Normal
[U.S. 30-year mortgage interest rate rose to 7.5%, home purchase index fell for six consecutive weeks] October 14th, data released by the Mortgage Bankers Association (MBA) on Wednesday showed that the 30-year fixed mortgage contract interest rate increased 1 basis point to 7.50% in the week ending October 9, still at the highest level since November 2023. The rate has risen nearly 1 percentage point since the end of June. The MBA Home Purchase Index, which measures home loan applications, fell 4%, declining for the sixth consecutive week and the longest losing streak since July to August 2023. It is now at its lowest level since early 2025.
Global market intelligence 🕐 2026-10-14 21:55
#Global market intelligence
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