US MBA mortgage applications w.e. 21 November +0.2% vs -5.2% prior

Forex Short News
  • Market index 317.6 vs 316.9 prior
  • Purchase index 181.6 vs 168.7 prior
  • Refinance index 1090.4 vs 1156.8 prior
  • 30-year mortgage rate 6.40% vs 6.37% 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.