US mortgage applications fall by 2.2pc
By Iain Gilbert
Date: Wednesday 08 Jul 2026
(Sharecast News) - US mortgage applications fell by 2.2% on the week ended 3 July, according to the Mortgage Bankers Association.
Last week's modest decline came amid relative stability in benchmark mortgage rates, with the 30-year fixed rate rising just a single basis point to 6.58%, despite an increase in longer-term Treasury yields during the week.
Applications to refinance a mortgage, which are more sensitive to week-to-week changes in interest rates, fell by 4.1%, while applications to purchase a home inched down by 0.6%.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN