Forex
globalreutersApril 17, 20241 Mins read
US MBA mortgage applications w.e. 12 April +3.3% vs +0.1% prior
globalreutersApril 17, 20241 Mins read - Prior +0.1%
- Market index 202.1 vs 195.7 prior
- Purchase index 145.6 vs 138.7 prior
- Refinance index 500.7 vs 498.3 prior
- 30-year mortgage rate 7.13% vs 7.01% prior
Despite a jump in the rates, mortgage applications in the past week rebounded a fair bit. Both purchases and refinancing activities also climbed with the latter index at its highest since May last year.
This article was written by Justin Low at www.forexlive.com.
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