Free Trial

MBA August 2 week mortgage applications.....>

US DATA
US DATA: MBA August 2 week mortgage applications jumped by 5.3%. The refi index
surged 12.0% to the highest point since 2016, but the purchases index fell by
2%. 
- The average 30-year conforming mortgage rate fell to 4.01% from 4.08% in the
previous week, reflecting the FOMC rate action and the escalation of the China
trade war, the MBA said.
- MBA said it expects refinancing activity to rise further in the coming week as
rates decline.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.