• Prior was +27.9%
  • Mortgage rate 6.20% vs 6.23%

Mortgage News Daily had US 30-year fixed mortgages falling as low as 6.04% last week but not yet below the 6% level, which could spur some activity. US home builder shares have done well since October, suggesting there's some optimism out there about housing, despite all the negative commentary.

XHB US homebuilder ETF
XHB US homebuilder ETF