MBA Mortgage Applications Down 8.9%

(For The Week Ending September 10, 2010)

MBA mortgage applications fell 8.9% , prior reading was a decrease of 1.5.%. Refinance index fell 10.8%; Purchase index fell 0.4%.

No change in purchase applications; Refinancing is heading lower as number of homeowners who have not refinanced is being exhausted.

Chart 1. MBA Mortgage Applications

Source: Bloomberg

This entry was posted on Wednesday, September 15th, 2010 at 6:43 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