<ul><li>Prior was +27.9%</li><li>Mortgage rate 6.20% vs 6.23%</li></ul><p>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.</p>

This article was written by Adam Button at www.forexlive.com.