Prior -1.6%Market index 196.8 vs 198.2 priorPurchase index 145.7 vs 146.0 priorRefinance index 460.9 vs 468.4 prior30-year mortgage rate 6.93% vs 6.97% prior
Mortgage applications declined in the past week with both purchases and refinancing activities falling. That comes despite a slight easing in the average rate of the most popular US home loan, although still keeping near 7%.
This article was written by Justin Low at www.forexlive.com.