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FX.co ★ Mortgage Applications Slightly Increase in the US, Data Shows

Mortgage Applications Slightly Increase in the US, Data Shows

Latest data on MBA Mortgage Applications in the United States shows a slight improvement in the housing market. According to recent figures updated on May 1, 2024, the indicator has increased from the previous -2.7% to -2.3% in a week-over-week comparison. This uptick suggests a potential rise in mortgage applications as prospective buyers and homeowners seem to be more active in the market. The data indicates a positive trend in the housing sector, reflecting shifting consumer confidence and market dynamics.

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