US Home-Purchase Applications Rise as Mortgage Rates Decline
US home-purchase mortgage applications increased by 10.1% in the week ended April 17, 2026, as mortgage rates continued to decline. The 30-year mortgage rate dropped to 6.35%, the lowest since mid-March, signaling potential growth in the housing market. The 10-year Treasury yield has also fallen, reflecting expectations of reduced tensions between the US and Iran.
Topics: economic data housing market interest rates mortgage applications