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US MBA mortgage applications w.e. 14 March -6.2% vs +11.2% prior
USD
- Prior +11.2%
- Market index 252.5 vs 269.3 prior
- Purchase index 154.7 vs 154.6 prior
- Refinance index 794.4 vs 911.3 prior
- 30-year mortgage rate 6.72% vs 6.67% prior
After the surge in the previous weeks, mortgage applications fell back in the last week owing to a drop in refinancing activity.
Source: Forex Live
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