Latest data from the Mortgage Bankers Association for the week ending 20 December 2017

  • Purchase index 234.3 vs 247.9 prior
  • Market index 379.2 vs 398.8 prior
  • Refinancing index 1,240.5 vs 1,281.0 prior
  • 30-year mortgage rate 4.16% vs 4.20% prior

A much softer reading on housing data from the last week. A relatively minor data point. USD is making up some ground over the last few minutes as it claws back losses against the EUR and extends gains against the JPY and CHF.

EUR/USD now at 1.1837. USD/JPY at 113.15. USD/CHF at session highs of 0.9885.