US MBA mortgage applications w.e. 24 October +7.1% vs -0.3% prior

Forex Short News
  • Market index 338.7 vs 316.2 prior
  • Purchase index 164.3 vs 157.3 prior
  • Refinance index 1327.8 vs 1214.7 prior
  • 30-year mortgage rate 6.30% 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.