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US MBA mortgage applications w.e. 26 June -1.8% vs -8.7% prior

July 01, 2020 at 12:00PM

US MBA mortgage applications w.e. 26 June -1.8% vs -8.7% prior
Latest data from the Mortgage Bankers Association for the week ending 26 June 2020
–  -8.7%
– Market index 758.9 vs 77.31 prior
– Purchase index 308.7 vs 312.7 prior
Mortgage activity moderates a little further towards the end of June, with purchases seen slipping a little but still keeping at relatively robust levels. Amid the coronavirus situation starting
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