An index tracking mortgage applications to buy single-family homes gained 6 percent, seasonally adjusted, last week from the week before. It was the third straight weekly increase, and a sign of life in a residential market depressed by the coronavirus. The Mortgage Bankers Association’s metric, called the purchase index, had jumped by 12 percent the previous week and by 3 percent the week before that. Arizona, Texas and California powered last week’s gains. However, purchase-loan
source https://therealdeal.com/2020/05/06/home-purchase-loan-requests-rise-for-third-straight-week/
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