- Prior -1.5%
- Market index 173.5 vs 191.6 prior
- Buy index 140.7 vs 148.7 prior
- Refinance index 358.2 vs 437.6 prior
- 30-year mortgage fee 6.76% vs 6.83% prior
That is a giant plunge in mortgage functions previously week, owing a lot to a steep decline in refinancing exercise. That being stated, the caveat right here is that that is all a part of the Christmas week so it’s arguably extra of an outlier greater than the rest.
This text was written by Justin Low at www.forexlive.com.
