Mortgage Applications is weekly data of housing market in USA. Since middle of 2013, values in data are fluctuated less than before, when weekly changes on 10-20% was usual. Last value is -1.1%, values in indicator increases from -6.4% since end of february. No one gives forecasts for this weekly data, anyway, likely influence on prices will be minimal. But due to zigzag forms in nature of data, and last value 5%, i tend to decline in data on this week.
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