MBA Mortgage Applications Down 9.6%

MBA mortgage applications fell 9.6% for week ending 9 April, the week before reading was at -11%.  The increase came probably due to FHA increasing mortgage insurance premiums. Bad data readings for housing continue.

Chart 1. MBA Mortgage Applications

Source: Bloomberg

This entry was posted on Thursday, April 15th, 2010 at 12:53 am and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player