US MBA mortgage applications w.e. 29 August -1.2% vs -0.5% prior

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Market index 272.5 vs 275.8 priorPurchase index 158.7 vs 163.8 priorRefinance index 902.5 vs 894.1 prior30-year mortgage rate 6.64% vs 6.69% priorThis is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates. This article was written by Giuseppe Dellamotta at investinglive.com.