US MBA mortgage applications w.e. 5 January +9.9% vs -10.7% prior
Prior -10.7%Market index 190.6 vs 173.5 priorPurchase index 148.6 vs 140.7 priorRefinance index 425.4 vs 358.2 prior30-year mortgage rate 6.81% vs 6.76% priorAfter the subdued activity during Christmas week, mortgage applications rebounded to start the new week. Both purchases and refinancing activity jumped even as rates did move up in the past week. This article was written by Justin Low at www.forexlive.com.
- Prior -10.7%
- Market index 190.6 vs 173.5 prior
- Purchase index 148.6 vs 140.7 prior
- Refinance index 425.4 vs 358.2 prior
- 30-year mortgage rate 6.81% vs 6.76% prior
After the subdued activity during Christmas week, mortgage applications rebounded to start the new week. Both purchases and refinancing activity jumped even as rates did move up in the past week.
