US weekly MBA mortgage market data week ending 27 October 2017

  • Mortgage market index 389.8 vs 400.3 prior
  • Purchase index 226.1 vs 228.0 prior
  • Refi index 1297.0 vs 1357.6 prior
  • 30yr mortgage rate 4.22% vs 4.18% prior

That’s now 6/7 for negative mortgage applications. Could the expected Fed hikes be dampening demand? That might filter through to the main hosuing numbers.

 

Ryan Littlestone

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