US MBA mortgage applications w.e. 25 July -3.8% vs +0.8% prior

Forex Short News
  • Market index 245.7 vs 255.5 prior
  • Purchase index 155.6 vs 165.1 prior
  • Refinance index 739.3 vs 747.5 prior
  • 30-year mortgage rate 6.83% vs 6.84% 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.