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US MBA mortgage applications w.e. 20 October -1.0% vs -6.9% prior

Prior -6.9%Market index 165.2 vs 166.9 priorPurchase index 127.0 vs 129.8 priorRefinance index 354.0 vs 347.6 prior30-year mortgage rate 7.90% vs 7.70% priorYikes, the average rate of the most popular US home loan is now up to near 8% - the highest since September 2000 - and that is continuing to put a drag on mortgage activity. This time, purchase activity is the one slumping and is offset slightly be refinancing activity on the week. This article was written by Justin Low at w... Read More

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Content Topics

Mortgage

Applications

October

Prior

Forex

Posted: Oct 25 2023, 11:00

Author Name: forexlive

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