US MBA mortgage applications w.e. 22 June -4.9% vs +5.1% prior

US MBA mortgage applications w.e. 22 June -4.9% vs +5.1% prior

Latest data from the Mortgage Bankers Association for the week ending 22 June

  • Purchase index 244.3 vs 259.6 prior
  • Market index 365.3 vs 384.1 prior
  • Refinancing index 1,015.9 vs 1,052.3 prior
  • 30-year mortgage rate 4.84% vs 4.83% prior

Quite the dip in mortgage applications in the last week, but the data tends to be a bit volatile nonetheless. Doesn’t have an overbearing impact on the dollar though – especially with the market heavily engrossed with the trade rhetoric now.

The trade balance and durable goods data later should provide a bit more excitement.

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