Mortgage applications saw a significant increase of 7.1% on a seasonally adjusted basis, marking a notable uptrend in the housing market. This surge in applications suggests a growing interest in home purchases and refinancing among consumers, reflecting overall confidence in the economy and real estate market.
Key points:
– Mortgage applications rose by 7.1% on a seasonally adjusted basis
– Indicates a positive trend in the housing market
– Signifies increased interest in home purchases and refinancing
– Reflects consumer confidence in the economy and real estate sector.
You can read this full article at: https://www.housingwire.com/articles/mortgage-demand-rises-for-a-second-straight-week/(subscription required)
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