US MBA mortgage applications w.e. 22 August -0.5% vs -1.4% prior

Forex Short News
  • Market index 275.8 vs 277.1 prior
  • Purchase index 163.8 vs 160.3 prior
  • Refinance index 894.1 vs 926.1 prior
  • 30-year mortgage rate 6.69% vs 6.68% 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.