US MBA mortgage purposes w.e. 13 December -Zero.7% vs +5.four% prior

• Prior +5.four%
• Market index 224.Zero vs 225.5 prior
• Buy index 157.1 vs 154.9 prior
• Refinance index 617.5 vs 634.Zero prior
• 30-year mortgage charge 6.75% vs 6.67% prior

Total mortgage purposes fell previously week however there’s a blended exhibiting. Purchases exercise had been larger, recovering from the setback within the week prior however refinancing exercise fell after the massive surge seen within the first week of December right here.

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



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