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Daily Roundup of Key US Economic Data for Oct. 21

Daily Roundup of Key US Economic Data for Oct. 21

MT newswireMT newswire2026/10/21 18:30
02:30 PM EDT, 10/21/2026 (MT Newswires) -- The Mortgage Bankers Association reported a 5.3% decline in mortgage applications in the week ended Oct. 16 after a 2.7% drop in the previous week. Refinancing activity and new home applications both fell despite a drop in mortgage rates, as the high-rate environment continues to push buyers out of the market. Total crude oil inventories fell by 3.4 million barrels in the week ended Oct. 16, with commercial oil inventories down 3.1 million barrels and stocks in the US Strategic Petroleum Reserve down 300,000 barrels. Gasoline inventories declined last week while distillate inventories increased.
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