Mortgage Applications Declined 3.1% in Week Ending August 4

Washington, DC, August 9, 2023- For the week that ended August 4, mortgage applications fell 3.1% from the prior week, according to data from the Mortgage Bankers Association. 

This marked the third consecutive down week as the 30-year fixed mortgage rate rose to its highest level since November 2022 at 7.09%.