Wednesday, 28 July 2021

US MBA mortgage applications w.e. 23 July +5.7% vs -4.0% prior

Latest data from the Mortgage Bankers Association for the week ending 23 July 2021 - -4.0% A couple of things to note in the report, the first being the drop in the long-term mortgage rate which is the lowest in six months. That helped to see a surge in refinancing activity, which contributed to the jump
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