US MBA mortgage applications w.e. 14 July +1.1% vs +0.9% prior

<ul><li>Prior +0.9%</li><li>Market index 210.7 vs 208.4 prior</li><li>Purchase index 163.2 vs 165.3 prior</li><li>Refinance index 446.4 vs 416.0 prior</li><li>30-year mortgage rate 6.87% vs 7.07% prior</li></ul><p>Mortgage applications increased slightly again in the past week, owing this time to a notable decline in the average rate of the most popular US home loan. That comes alongside a heavy slide in US bond yields, following the softer CPI report.</p>

This article was written by Justin Low at www.forexlive.com.