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US MBA mortgage applications w.e. 13 October -6.9% vs +0.6% prior

Prior +0.6%Market index 166.9 vs 179.3 priorPurchase index 129.8 vs 137.5 priorRefinance index 347.6 vs 385.8 prior30-year mortgage rate 7.70% vs 7.67% priorThat's a sharp drop in mortgage applications in the past week as the average rate of the most popular US home loan moves higher once again. Both purchases and refinancing activities declined sharply, exemplifying the ongoing subdued mood in the mortgage market. This article was written by Justin Low at www.forexlive.com... Read More

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Mortgage

Applications

October

Prior

Forex

Posted: Oct 18 2023, 11:01

Author Name: forexlive

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