US MBA mortgage applications w.e. 29 August -1.2% vs -0.5% prior

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  • Market index 272.5 vs 275.8 prior
  • Purchase index 158.7 vs 163.8 prior
  • Refinance index 902.5 vs 894.1 prior
  • 30-year mortgage rate 6.64% vs 6.69% prior

This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates.

This article was written by Giuseppe Dellamotta at investinglive.com.



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