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US MBA mortgage applications w.e. 30 December -10.3% vs +0.9% prior
- Prior +0.9%
- Market index 184.5 vs 212.5 prior
- Purchase index 160.2 vs 182.5 prior
- Refinance index 310.9 vs 371.4 prior
- 30-year mortgage rate 6.58% vs 6.34%
That's a sharp drop in mortgage activity in the past week in comparison to the week prior, but the subdued activity also likely owes to a quieter period amid the Christmas and New Year's break. That said, it doesn't take away from the fact that overall con... Read More
Posted: Jan 4 2023, 12:00
Author Name: forexlive
Views: 110513