US MBA mortgage applications w-e 10 Nov +3.1% vs 0.0% prev

Weekly US MBA mortgage data just out 15 Nov

  • mortgage market index 401.7 vs 389.7 prev
  • mortgage refinance index 1371.6 vs 1290.8
  • mortg purchase index 228.2 vs 227.2
  • 30yr mortg rate 4.18% as prev

Mortgage Bankers Association (MBA) Mortgage Applications measures the change in the number of new applications for mortgages backed by the MBA during the reported week.A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Not fx price moving data but good general info for a key sector.

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