US MBA mortgage market data report week ending 16 December 2016
Purchase index 232.9 vs 226.7
Refi-index 1449.4 vs 1407.0
30yr mortgage rate 4.41% vs 4.28% prior
For a while now the purchase index has been holding pretty steady. That should insinuate that home sales remain on a steady path too. We get that data on Friday but the market might be scaling down expectations a tad after the drop in starts and permits last week.
