MBA mortgage loan applications in the United States on April 12 +3.3% compared to +0.1% previously

• Before +0.1%
• Market index 202.1 versus 195.7 previously
• Buy index 145.6 versus 138.7 previously
• Refinancing index 500.7 compared to 498.3 previously
• 30-year mortgage rate 7.13% versus 7.01% previously

Despite rising rates, mortgage applications have rebounded significantly over the past week. Purchases and refinancing activity also increased, with the latter index at its highest level since May of last year.

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

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