US weekly MBA mortgage applications +7.0% vs +27.9% prior | Forexlive

• Prior was +27.9%
• Mortgage rate 6.20% vs 6.23%

Mortgage News Daily had US 30-year fixed mortgages falling as low as 6.04% last week but not yet below the 6% level, which could spur some activity. US home builder shares have done well since October, suggesting there’s some optimism out there about housing, despite all the negative commentary.