US MBA mortgage report for week ending 8 July
- lowest rate since May 2013
- mortgage refinance index 2869.8 vs 2579.9 prev
- mortgage applications 7.2% vs 14.2% prev
- mortgage purchase index 234.7 vs 234.6 prev
- mortgage market index 622.4 vs 580.8 prev
Softer headline rate and applications but increased activity in refinancing.
