US MBA mortgage functions w.e. 25 July -Three.eight% vs +zero.eight% prior

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  • Market index 245.7 vs 255.5 prior
  • Buy index 155.6 vs 165.1 prior
  • Refinance index 739.Three vs 747.5 prior
  • 30-year mortgage fee 6.83% vs 6.84% prior

That is by no means a market shifting launch. Mortgage functions are usually inversely correlated to mortgage charges.

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

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