US MBA mortgage applications w-e 2 Feb 0.7% vs -2.6% prev

Latest US MBA mortgage data now out 7 Feb

  • mortgage market index +0.7% to 416.3
  • mortgage purchase index unch 255.4
  • 30yr mortgage rate up 9 bps to 4.5%, highest since April 2014

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market

Not an fx price changer but one for back story.

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