U.S. Home Purchase Application Index Hits Five-Week Low
2025-06-04 / Read about 0 minute
Author:小编   

The index for mortgage applications for home purchases in the United States has plummeted to a five-week low, with a notable 4.4% decline to 155. Despite the slight respite in housing financing costs, as evidenced by the 30-year mortgage rate dipping to 6.92%, this rate still hovers near the lofty 7% mark. Furthermore, the refinancing index has witnessed a fourth consecutive week of decline. The prevailing high asking prices have significantly curtailed homebuying activity, reflecting widespread market unease regarding economic prospects.