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US MBA mortgage purposes w.e. 23 February -5.6% vs -10.6% prior

  • Prior -10.6%
  • Market index 171.5 vs 181.6 prior
  • Buy index 127.6 vs 133.6 prior
  • Refinance index 395.9 vs 427.0 prior
  • 30-year mortgage fee 7.04% vs 7.06% prior

Mortgage purposes proceed to stoop arduous as soon as once more after a slight restoration throughout the previous few months till early January. The acquisition index is again close to the lows seen on the finish of final 12 months:

This text was written by Justin Low at www.forexlive.com.

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