US MBA mortgage applications w.e. 8 August +10.9% vs +3.1% prior

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Market index 281.1 vs 253.4 priorPurchase index 160.2 vs 158.0 priorRefinance index 956.2 vs 777.4 prior30-year mortgage rate 6.67% vs 6.77% 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.