Latest data from the Mortgage Bankers Association for the week ending 15 February 2019
- Prior -3.7%; revised to -6.9%
- Purchase index 232.7 vs 237.7 prior; revised to 228.9
- Market index 365.3 vs 364.8 prior; revised to 352.6
- Refinancing index 1,084.4 vs 1,052.4 prior; revised to 1,019.2
- 30-year mortgage rate 4.66% vs 4.65% prior
Headline measures the change in number of applications for mortgages backed by the MBA during the week. Mortgage activity rebounds following a softer last few weeks, though the release here won't do much to affect dollar sentiment. All eyes are on the January FOMC meeting minutes to come later so expect traders to focus on that in the hours ahead.
