Forex
globalreutersMay 15, 20241 Mins read
US MBA mortgage applications w.e. 10 May +0.5% vs +2.6% prior
globalreutersMay 15, 20241 Mins read - Prior +2.6%
- Market index 198.1 vs 197.1 prior
- Purchase index 141.7 vs 144.2 prior
- Refinance index 499.9 vs 477.5 prior
- 30-year mortgage rate 7.08% vs 7.18% prior
Mortgage applications were at the margin higher in the past week, owing much to a jump in refinancing activity. That was offset by a fall in purchases activity, as the rate of the most popular US home loan eases slightly by 10 bps.
This article was written by Justin Low at www.forexlive.com.
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