US MBA data 20 May 2015

  • Purchase index 199.1 vs 206.7 prior
  • Refi index 1600.6 vs 1596.5 prior
  • 30 yr mortgage rate 4.04% vs 4.00% prior

The mortgage rate is worth monitoring as the Fed rate picture develops as it will give a clue of how rates are reacting in anticipation of rises

US MBA 30 yr mortgage rate