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US MBA mortgage applications w.e. 6 October +0.6% vs -6.0% prior

US MBA mortgage applications w.e. 6 October +0.6% vs -6.0% prior
Prior -6.0%Market index 179.3 vs 178.2 priorPurchase index 137.5 vs 136.6 priorRefinance index 385.8 vs 384.6 prior30-year mortgage rate 7.67% vs 7.53% priorAfter a sharp drop in mortgage applications in the week before, there is a mild bounce back in activity with both purchases and refinancing ticking a touch higher. The drop in rates this week will be welcome, after another 14 bps rise in the average rate of the most popular US home loan last week. This article was written by... Read More
Posted: Oct 11 2023, 11:00
Author Name: forexlive
Views: 092089

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