US MBA mortgage applications down -7.4% in w/e 7 July

US MBA mortgage report now out 12 July

  • mortgage market index to 391.9 vs 423.3 prev
  • refinance index 1210.5 vs 1391.0 prev, down 13%
  • ave 30year mortgage rate rises to 4.22% vs 4.2% prev
  • mortgage purchase index242.8 vs 249.1 prev

Soggier report overall but not a price mover in its own right.

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