US MBA mortgage applications w.e. 8 September -0.8% vs -2.9% prior

<ul><li>Prior -2.9%</li><li>Market index 182.2 vs 183.6 prior</li><li>Purchase index 143.7 vs 141.9 prior</li><li>Refinance index 367.0 vs 388.1 prior</li><li>30-year mortgage rate 7.27% vs 7.21% prior</li></ul><p>Overall mortgage applications fell in the past week amid mixed activity. Purchases were up last week but the drop in refinancing activity more than made up for that, with the index falling to its lowest level since December last year:</p>

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