MBA Mortgage Applications Up 3.2%

(For The Week Ending October 22, 2010)

MBA mortgage applications rose 3.2%; Prior reading was a decrease of 10.5.%; On year level MBA Basic Index is up 47.4%.

Chart 1. Mortgage Bankers Association Basic Index SA

MBA Refinancing index rose 3.0%; Prior reading was a decrease of 11.2.%; On year level MBA Refinancing Index is up 96.6%.

Chart 2. Mortgage Bankers Association Refinancing Index SA

MBA Purchase Index rose 3.9%. Prior reading was a decrease of 6.7.%; On year level MBA Purchase Index is down 30.8%.

Chart 3. Mortgage Bankers Association Purchase Index SA

No improvement in key purchase index.

This entry was posted on Wednesday, October 27th, 2010 at 6:09 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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