US MBA mortgage data now out 21 March
- mortgage market index 383.0
- mortg purchase index +1.4% at 249.9
- ave 30yr mortge rate down 1bps at 4.68%
- refinancing index -4.5% at 1107.7
The MBA mortgage applications released by the Mortgage Bankers Association presents various mortgage applications. Not prime data but all good back story to the U.S housing market.
Markets still in pause mode. USDJPY has held 106.20 but failed to rally past 106.35 and EURUSD pinned around 1.2280. Both option interest related. GBPUSD failing into 1.4080 but still underpinned around 1.4050 at the moment.
