- Prior -5.1%
- Market index 230.2 vs 277.5 prior
- Buy index 138.4 vs 149.2 prior
- Refinance index 734.6 vs 997.3 prior
- 30-year mortgage charge 6.52% vs 6.36% prior
Amid a leap in charges, mortgage purposes dropped onerous prior to now week with each buy and refinancing exercise slumping onerous. The latter specifically fell by 26% to its softest quantity for the reason that first week of August. An indication of a false daybreak for the US housing market in after the temporary restoration in current weeks?
This text was written by Justin Low at www.forexlive.com.
