• Purchase index 168.8 vs 168.8 prior
  • Refi index 1293.7 vs 1297.5 prior
  • 30 year mortgage rate 4.33% vs 4.39% prior

We can sometimes get an insight into interest rate expectations with movements in the mortgage rate. It’s not one I’d pin my trades on but it can offer a little clue.

US MBA 30 year mortgage rate 01 10 2014

US MBA 30 year mortgage rate 01 10 2014