MBA Mortgage Applications Down 10.5%

(For The Week Ending October 15, 2010)

MBA mortgage applications fell 10.5% , prior reading was an increase of 14.6.%. Refinance index fell 11.2%; Purchase index fell 6.7%.

This looks quite negative, not sure if it is connected with foreclosure mess.

Chart 1. MBA Mortgage Applications

This entry was posted on Wednesday, October 20th, 2010 at 7:10 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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