US MBA mortgage purposes w.e. 9 February -2.3% vs +3.7% prior

• Prior +3.7%
• Market index 205.1 vs 210.0 prior
• Buy index 149.6 vs 153.5 prior
• Refinance index 489.6 vs 500.2 prior
• 30-year mortgage fee 6.87% vs 6.80% prior

Mortgage purposes dropped previously week owing to each a decline in buy and refinancing exercise. With charges set to push larger once more this week, the lid is being stored on any optimism within the housing marketplace for now.

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