Prior +3.9%Market index 209.3 vs 214.1 priorPurchase index 134.8 vs 140.4 priorRefinance index 614.9 vs 613.0 prior30-year mortgage rate 6.82% vs 6.87% prior
Mortgage applications fell back in the past week with a drop in purchases activity offsetting a marginal increase in refinancing activity. Overall, it still points to a more subdued sentiment in the US housing market.
This article was written by Justin Low at www.forexlive.com.