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

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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