US MBA weekly mortgage data now out 26 Oct

  • mortgage market index down 4.1% at 492.0
  • mortgage refinancing index down 2.3% to 2122.5
  • ave 30yr mortgage rate down 2bps to 3.71%

The regular weekly readings suggesting a slowdown in the US housing sector.

Let's see what the US new home sales reading brings us at 14.00 GMT