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WoW Change in MBA Mortgage Applications Index in the US

Country:
USDUnited States
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About WoW Change in MBA Mortgage Applications Index in the US

The MBA Mortgage Application Index is an indicator that shows the number of mortgage applications in the United States, published weekly by the Mortgage Bankers Association (MBA). This data is critical for assessing trends in the housing market and consumer home-buying intent.

The index displays the total number of new and refinanced mortgage applications, and the week-over-week data indicates the change in mortgage applications from the previous week. An increase in mortgage applications suggests a robust housing market with rising consumer willingness to buy homes. Conversely, a decrease indicates a potential stagnation in the housing market.

This data serves as a valuable resource for policymakers to assess housing market trends and develop appropriate housing policies. It is also essential for businesses and investors to understand housing market dynamics and economic forecasts.

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