AI Data Insight
Latest data indicates that the US MBA Purchase Index fell sharply by 4.7% in a single week to 149.7, not only marking a fourth consecutive weekly decline but also hitting a new low since April 2025. Although the 30-year mortgage rate dropped to a three-year low of 6.09%, driving a recovery in Refinance demand, uncertainty surrounding geopolitics and tariff policies continues to suppress buying sentiment in the spring housing market.