- Prior -12.7%
- Market index xx vs 233.5 prior
- Buy index xx vs 153.4 prior
- Refinance index xx vs 673.6 prior
- 30-year mortgage charge xx% vs 6.90% prior
That is by no means a market shifting launch. After all, as long run curiosity
charges rise, mortgage functions fall. The mortgage market index and
the US30Y yield are inversely correlated.
This text was written by Giuseppe Dellamotta at www.forexlive.com.
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