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US MBA mortgage applications w.e. 15 September +5.4% vs -0.8% prior

Prior -0.8%Market index 192.1 vs 182.2 priorPurchase index 147.0 vs 143.7 priorRefinance index 415.4 vs 367.0 prior30-year mortgage rate 7.31% vs 7.27% priorDespite a further rise in the average rate of the most popular US home loan, mortgage applications rose in the past week - largely helped out by a big jump in refinancing activity. Purchases were also higher but very slightly, though the overall picture remains rather subdued against the backdrop of higher interest rates for now...
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Posted: Sep 20 2023, 11:00
Author Name: forexlive
Views: 091186