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US MBA mortgage applications w.e. 3 February +7.4% vs -9.0% prior

US MBA mortgage applications w.e. 3 February +7.4% vs -9.0% prior
  • Prior -9.0%
  • Market index 249.5 vs 232.4 prior
  • Purchase index 190.0 vs 184.3 prior
  • Refinance index 549.3 vs 466.6 prior
  • 30-year mortgage rate 6.18% vs 6.19% prior

The volatile period for the housing market continues as mortgage activity picks up strongly after the sharp decline in the previous week. The lower rates should also help, although we have seen it climb higher in the past few days so that might be so... Read More

Posted: Feb 8 2023, 12:00
Author Name: forexlive
Views: 111763

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