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New data MBA Purchase Index (Jan/31)

2/5/2025

actual 156.7, previous 162.4

The MBA Purchase Index, scheduled for January 31st, 2025, is a report that measures the volume of applications for mortgages to purchase homes in the United States. The actual value reported for this event is 156.7, showing a decrease of 5.7 points from the previous value of 162.4. This indicates a 3.51% decrease in mortgage purchase applications.

Given its low impact rating, this event may have a limited effect on the financial markets compared to high-impact events. However, it still provides valuable insights into the housing market and consumer sentiment regarding home purchases in the US.

This is not investment advice. Remember to verify the information provided here.

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