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US MBA mortgage applications w.e. 19 May -4.6% vs -5.6% prior

Prior -5.7%Market index 205.0 vs 214.9 priorPurchase index 158.3 vs 165.4 priorRefinance index 443.0 vs 468.2 prior30-year mortgage rate 6.69% vs 6.57% priorA surge higher in rates in the past week weighed further on mortgage applications with both purchases and refinancing activity slumping heavily. The market index is the lowest since the first week of March as housing market conditions continue to be impacted adversely by the Fed's tightening. This article was written by Just... Read More

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Applications

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Forex

Posted: May 24 2023, 11:00

Author Name: forexlive

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