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US weekly MBA mortgage applications +7.0% vs +27.9% prior

US weekly MBA mortgage applications +7.0% vs +27.9% prior
  • Prior was +27.9%
  • Mortgage rate 6.20% vs 6.23%

Mortgage News Daily had US 30-year fixed mortgages falling as low as 6.04% last week but not yet below the 6% level, which could spur some activity. US home builder shares have done well since October, suggesting there's some optimism out there about housing, despite all the negative commentary.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Jan 25 2023, 12:00
Author Name: forexlive
Views: 102189

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