US MBA mortgage applications w.e. 7 November +0.6% vs -1.9% prior

Forex Short News
  • Market index 334.2 vs 332.3 prior
  • Purchase index 172.7 vs 163.3 prior
  • Refinance index 1247.5 vs 1290.8 prior
  • 30-year mortgage rate 6.34% vs 6.31% 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.