MBA Mortgage Applications Down 2.9%

MBA mortgage applications fell 2.9% for week ending July 9, the prior reading was a rise of 6.7%. Both refinancing index and purchasing index fell 2.9%.

Lowest reading for a Purchase Index since 1996.

Chart 1. MBA Mortgage Applications

Source: Bloomberg

This entry was posted on Wednesday, July 14th, 2010 at 6:38 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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