Data
Mortgage applications to purchase a home dropped 4% for the week, according to the Mortgage Bankers Association.
The investment comprises a 5-star hotel with 123 rooms and suites, as well as 17 branded luxury residences / apartments.
A small increase in the surplus of the services balance is due to an improvement in the other services balance, as well as in the travel balance, while the transport balance deteriorated.
The banking sector’s capital adequacy improved further to a satisfactory level, above the regulatory minimum.