US MBA mortgage purposes w.e. 1 August +Three.1% vs -Three.eight% prior
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- Market index 253.four vs 245.7 prior
- Buy index 158.zero vs 155.6 prior
- Refinance index 777.four vs 739.Three prior
- 30-year mortgage price 6.77% vs 6.83% prior
That is by no means a market transferring launch. Mortgage purposes are typically inversely correlated to mortgage charges.
This text was written by Giuseppe Dellamotta at investinglive.com.
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