US MBA mortgage market index week ending 20 October 2017

  • Mortgage index 400.3 vs 419.7 prior
  • Purchase index 228.0 vs 242.9 prior
  • Refi index 1357.6 vs 1399.6 prior
  • 30yr mortgage rate 4.18% vs 4.14% prior

Last weeks 3.6% jump in applications stopped a 4 week losing streak, That’s washed out now. Purchases take a sizeable dip too. US New home sales is on the cards at 14.00 GMT. There’s the possibility of seeing more weather related messing around but existing sales bucked that trend last week.

Ryan Littlestone

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