US Mortgage Application Volume Rises 17% Week-over-Week
The number of mortgage loan applications in the United States increased by nearly 17% in the second week of August compared to the previous week.
On the 14th, the Mortgage Bankers Association (MBA) of the United States announced that the number of new mortgage loan applications in the second week of this month rose by 16.8% compared to the previous week. This increase rate is more than double the 6.9% growth rate of the previous week.
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The weekly number of new mortgage loan applications in the United States had been declining by 3.9% compared to the previous week until the end of last month, but it has shifted to an upward trend this month, with the increase rate expanding.
This content was produced with the assistance of AI translation services.
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