Prior +0.9%Market index 212.0 vs 210.4 priorPurchase index 147.8 v 146.0 priorRefinance index 552.4 vs 552.7 prior30-year mortgage rate 6.93% vs 6.94% prior
Mortgage applications were a touch higher in the past week, with a rise in purchase activity helping to offset a marginal decline in refinancing activity. Overall, housing activity remains rather tepid at best – even if there was a significant bump in mortgage applications in the weeks before.
This article was written by Justin Low at www.forexlive.com.
