US MBA mortgage applications w.e. 30 October +3.8% vs +1.7% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 30 October 2020
–  +1.7%
– Market index 838.2 vs 807.8 prior
– Purchase index 301.2 vs 305.2 prior
The bulk of the surge last week was due to a jump in refinancing activity as purchases slowed down once again. Overall, this still points to the housing market

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