3.6% Higher YOY Increase in Mortgage Applications to Purchase a U.S. Home

Mortgage applications rose 2 percent for the week and are 3.6 percent higher than a year ago. This supports the case for a strong U.S. lumber demand. More on that here.

lumber-prices-mortgage-applications-purchase-6-2017

At the time of this post, lumber futures for March delivery are up big for a 6th straight day at $371.90

lumber-prices-march-17-28

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