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US MBA Mortgage Applications (Feb/20) 0.4% (Prev. 2.8%)

Newsquawk Staff ·

US MBA Mortgage Applications (Feb/20) 0.4% (Prev. 2.8%)

What it means

The latest US MBA Mortgage Applications data reveals a significant decline, dropping to 0.4% from the previous 2.8%. This sharp decrease may indicate weakening demand in the housing market, which could influence expectations for future rate movements and overall economic growth.

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