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US MBA mortgage applications w.e. 28 July -3.0% vs -1.8% prior

Prior -1.8%Market index 200.7 vs 206.9 priorPurchase index 154.1 vs 159.2 priorRefinance index 433.6 vs 444.5 prior30-year mortgage rate 6.93% vs 6.87% priorUS mortgage applications slumped further in the past week as both purchases and refinancing activity declined strongly. Higher rates are continuing to pressure the housing market and this will likely drag further until there are signs of a stronger policy pivot by the Fed. This article was written by Justin Low at www.forexl... Read More

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July

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Forex

Posted: Aug 2 2023, 11:00

Author Name: forexlive

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