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.

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