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US MBA mortgage applications w.e. 4 August -3.1% vs -3.0% prior

US MBA mortgage applications w.e. 4 August -3.1% vs -3.0% prior
Prior -3.0%Market index 194.5 vs 200.7 priorPurchase index 149.9 vs 154.1 priorRefinance index 416.1 vs 433.6 prior30-year mortgage rate 7.09% vs 6.93% priorA further slump in both purchases and refinancing activities led to another drop in mortgage applications in the past week. Housing market conditions are not faring well as rates continue to hold higher amid tighter financial conditions. Here's a look at how purchases activity have been tracking: This article was written by... Read More
Posted: Aug 9 2023, 11:00
Author Name: forexlive
Views: 102235

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