US MBA mortgage applications w.e. 3 April -17.9% vs +15.3% prior

Latest data from the Mortgage Bankers Association for the week ending 3 April 2020
–  +15.3%
– Purchase index 185.9 vs 211.7 prior
– Market index 718.2 vs 874.6 prior
Although refinancing activity also dropped a little, purchases continue to dwindle further with the index falling to its lowest level since October 2015. That underscores the impact that the