Forex
globalreutersSeptember 4, 20241 Mins read
US MBA mortgage applications w.e. 30 August +1.6% vs +0.5% prior
globalreutersSeptember 4, 20241 Mins read - Prior +0.5%
- Market index 230.5 vs 226.9 prior
- Purchase index 136.1 vs 131.8 prior
- Refinance index 751.4 vs 753.8 prior
- 30-year mortgage rate 6.43% vs 6.44% prior
Mortgage applications rose in the past week but the breakdown was a bit more mixed. Purchases jumped but was partially offset by a decline in refinancing activity. That as the average rate of the most popular US home loan remained relatively stable after the recent drop.
This article was written by Justin Low at www.forexlive.com.
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