US MBA mortgage functions w.e. 22 August -Zero.5% vs -1.four% prior

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  • Market index xx vs 277.1 prior
  • Buy index xx vs 160.three prior
  • Refinance index xx vs 926.1 prior
  • 30-year mortgage charge xx% vs 6.68% prior

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

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

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