MBA Mortgage Applications Down 2.9%

MBA mortgage applications fell 2.9% for week ending 16 April, the prior reading was an increase of 13.6%. Large surge in purchase index (+7.4%) was more than offset by falling refinance index (-8.8%).

Chart 1. MBA Mortgage Applications

Source: Bloomberg

This entry was posted on Wednesday, April 28th, 2010 at 6:14 am and is filed under Markets, 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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