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Wednesday, February 01, 2017

US MBA mortgage market index w-e 27 Jan 384.7 vs 397.4 prev

  • 30 year mortgage rate up 4bps to 4.39%
  • refinancing index 1248.4 vs 1265.6 prev
  • mortgage applications -3.2% vs +4.0% prev
  • mortgage purchase index  229.6 vs 243.2
A soggy report but not an immediate price changer. Food for FOMC thought though.
USD generally still softer but finding a buyers as I type.
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