An index tracking mortgage applications to buy single-family homes continued its upward trajectory with a seasonally adjusted 11 percent gain last week compared to the prior week. It’s the fourth week in row that the Mortgage Bankers’ Association weekly survey, known as the purchase index, has reported gains in home loan applications. The previous week, the purchase index jumped 6 percent. The two preceding weeks saw applications increase by 12 percent and 3 percent, respectively.
source https://therealdeal.com/2020/05/13/applications-to-buy-homes-rises-for-fourth-week-with-new-york-leading-the-way/
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