US MBA mortgage applications 14.2% vs -2.6% prior

US MBA mortgage market index week ending 1 July 2016

  • Mortgage market index 580.8 vs 508.4 prior

  • Purchase index 234.6 vs 224.9 prior

  • Refi index 2579.9 vs 2136.4 prior

  • 30yr mortgage rate 3.66% vs 3.75% prior

A decent pick up across the board keeps the US housing market ticking along nicely

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