MBA Mortgage Applications Fell 4.4%
MBA mortgage applications fell 4.4% for week ending July 23, the prior reading was an increase of 7.6%. Refinance index fell 5.9%; Purchase index rose 2.0%. Chart 1. MBA Mortgage Applications
Archive for July 28th, 2010
Durable Goods Orders Fell 1.0% In June
Durable good orders fell 1.0% in June vs. +1.0% consensus and -1.1% increase in May. Transportation taken out the figure was a decrease of 0.6% vs. 0.6% rise in May and +0.4% consensus. Big miss, with no appropriate market reaction. Chart 1. U.S. Durable Goods Orders Chart 2. U.S. Durable Goods Orders Ex. Transportation