US MBA mortgage applications w.e. 18 July +0.8% vs -10.0% prior

Forex Short News
  • Market index 255.5 vs 253.5 prior
  • Purchase index 165.1 vs 159.6 prior
  • Refinance index 747.5 vs 767.6 prior
  • 30-year mortgage rate 6.84% vs 6.82% 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.