Latest data from the Mortgage Bankers Association for the week ending 9 March 2018
- Purchase index 246.5 vs 238.3 prior
- Market index 387.4 vs 384.1 prior
- Refinancing index 1,159.3 vs 1,185.7 prior
- 30-year mortgage rate 4.69% vs 4.65% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week.
Nothing much of note, a minor data point. The standout data point is that the 30-year average mortgage rate rose to the highest since January 2014.
EUR/USD at 1.2374, still trading near the lows. USD/JPY at 106.50 and GBP/USD at 1.3962 currently, not much changed from before the report was released.
