Forex
globalreutersMay 8, 20241 Mins read
US MBA mortgage applications w.e. 3 May +2.6% vs -2.3% prior
globalreutersMay 8, 20241 Mins read - Prior -2.3%
- Market index 197.1 vs 192.1 prior
- Purchase index 144.2 vs 141.7 prior
- Refinance index 477.5 vs 456.9 prior
- 30-year mortgage rate 7.18% vs 7.29% prior
That’s a slight bounce back in US mortgage applications, with both purchases and refinancing activity picking up on the week. It comes as the average rate of the most popular US home loan eases off its highest levels since November in the week before.
This article was written by Justin Low at www.forexlive.com.
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