• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Mortgage Applications Slip Even as Interest Rates Fall to Month Lows

December 22, 2021 by Forex Winner Leave a Comment

Mortgage Applications Slip Even as Interest Rates Fall to Month Lows

Source: CNBC

Mortgage application volumes declined in the past week, even as interest rates were cut down to the lowest level a month. XHB is up 0.24% premarket.

  • The total mortgage application volume for the past week slipped by 0.6% from the previous week, data from the Mortgage Bankers Association showed.
  • The average contract interest rate for the 30-year fixed-rate mortgages with conforming loan balances declined to 3.27% from 3.30%.
  • The latest rate is 41 basis points lower than the comparable period last year, with points up 0.41 from 0.39, including the origination fee for loans with a 20% downpayment. 
  • Home loan refinancing applications jumped by 2% from the past week but were 42% lower than the same period last year.
  • Active listings slumped to a fresh record-low at the end of November, with the month being historically the leanest, with prices still rising.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

Darwinex

Darwinex Review

May 14, 2020 By Forex Winner

FXChoice

FXChoice Review

April 23, 2019 By Forex Winner

nordfx

NordFX Review

November 14, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure