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US MBA mortgage applications w.e. 28 August -2.0% vs -6.5% prior

US MBA mortgage applications w.e. 28 August -2.0% vs -6.5% prior

Latest data from the Mortgage Bankers Association for the week ending 28 August 2020
–  -6.5%
– Market index 755.1 vs 770.6 prior
– Refinancing index 3,316.2 vs 3,423.0 prior
A slight drop in mortgage applications in the past week with purchases and refinancing activity both seeing weakening a touch, despite the long-term rate falling another 3 bps to 3.08%

Source: Forexlive RSS Breaking news feed
Date: September 2, 2020, 21:05