US MBA mortgage applications w.e. 13 August -3.9% vs +2.8% prior

Latest data from the Mortgage Bankers Association for the week ending 13 August 2021 -  +2.8% - Market index 725.4 vs 754.8 prior - Purchase index 249.9 vs 252.0 prior US mortgage applications fell in the past week owing to a drop in both refinancing and purchase activity, mostly the former. This comes as the long-term mortgage rate climbs

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