• Market index 250.8 vs 248.1 prior
  • Purchase index 165.2 vs 248.1 prior
  • Refinance index 713.4 vs 692.4 prior
  • 30-year mortgage rate 6.88% vs 6.84% prior

This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates.

US MBA Mortgage Market Index
US MBA Mortgage Market Index
Source: Forex Live