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US loan application volumes improve

Staff Reporter 1 minute read

The US mortgage market has showed signs of improvement, data from the Mortgage Bankers Association (MBA) showed overnight.

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The association’s Market Composite Index, which measures mortgage loan application volumes, reached 557.1 (seasonally adjusted) in the week ending 6 June.

This was up from 502.3 the week before and represented a surprising rise of 10.9 per cent.

Published: 12-06-08

US loan application volumes improve
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