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US MBA mortgage applications w.e. 15 August -1.4% vs +10.9% prior

Market index 277.1 vs 281.1 priorPurchase index 160.3 vs 160.2 priorRefinance index 926.1 vs 956.2 prior30-year mortgage rate 6.68% vs 6.67% prior

This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates.

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

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