The average rate for a 30-year fixed-rate loan, which has risen sharply in recent months with the hike in Federal Reserve interest rates and Treasury bond yields, gained 24 basis points during the week. on September 16 to reach 6.25%, a level that it had not reached for almost 14 years.
The MBA specifies that its index measuring the volumes of mortgage applications, despite an increase of 3.8% in one week, remains down over one year.
The credit refinancing index rebounded 10.4% from one week to the next but fell 82.7% compared to last year.
(Edited by Lindsay Dunsmuir, French version by Marc Angrand, edited by Kate Entringer)