US MBA Mortgage Applications drop -2.7%
US MBA Mortgage Applications Actual -2.7%. Forecast was not provided; prior was 0.8%.
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U.S. new-home sales fall 10.5% in July
U.S. new-home sales plunged 10.5% month over month in July to a seasonally adjusted annual rate of 607,000, missing economists’ expectation for a 1.4% decline.
US MBA mortgage applications drop -1.0%; 30-year rate 6.78%
US MBA mortgage applications for Aug 21 fell -1.0% versus prior -0.4%, while the 30-year mortgage rate rose to 6.78% from 6.77%.