US MBA mortgage applications w.e. 16 July -4.0% vs +16.0% prior

Latest data from the Mortgage Bankers Association for the week ending 16 July 2021 -  +16.0% - Market index 698.3 vs 727.5 prior - Purchase index 255.8 vs 273.3 prior A bit of moderation in mortgage activity in the past week after the big surge in the week prior, which owed to a sharp drop in the long-term mortgage

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