US MBA mortgage purposes w.e. 22 November +6.three% vs +1.7% prior

• Prior +1.7%
• Market index 208.zero vs 195.6 prior
• Buy index 152.9 vs 136.zero prior
• Refinance index 501.7 vs 514.9 prior
• 30-year mortgage fee 6.86% vs 6.90% prior

Mortgage purposes jumped prior to now week, owing to a surge in buy exercise. That greater than offset a decline in refinancing exercise, with the common fee persevering with to carry greater nonetheless.

This text was written by Justin Low at www.ubaidahsan.com.



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