1
By Published On: November 26, 20250.4 min read

The latest data on mortgage applications shows the market index at 317.6, up slightly from the previous 316.9. The purchase index also rose, reaching 181.6 compared to the prior figure of 168.7. However, the refinance index declined to 1090.4 from 1156.8.

Mortgage rates saw a small increase, with the 30-year rate rising to 6.40% from the previous 6.37%.

For forex traders, it is important to note that mortgage applications typically have an inverse relationship with mortgage rates. Despite these shifts, this release is not considered a market-moving event.

Original Source: Giuseppe Dellamotta of investinglive.com

NZD/USD Gains After RBNZ Rate Cut to 225 Percent as Market Eyes End to Cuts
UK OBR Early Budget Forecasts Show Increased Fiscal Headroom Higher Taxes and Moderate GDP Growth Impact Pound and Gilt Yields
1

SPECIAL OFFER:

Learn to Trade the Markets: Tailored Forex Learning for Every Trader!

Dive into our personalised, CPD Certified online programs designed to refine your strategy, enhance your skills, and unlock new trading opportunities, regardless of your experience level!

Use code: VALUE90 Use code: ONLY20 Use code: JOIN75