MBA Mortgage Applications Down 5.0%

(For The Week Ending October 29, 2010)

MBA mortgage applications fell 5.0%; Prior reading was an increase of 3.2.%; On year level MBA Basic Index is up 29.4%.

Chart 1. Mortgage Bankers Association Basic Index SA

MBA Refinancing index fell 6.4%; Prior reading was an increase of 3.0.%; On year level MBA Refinancing Index is up 60.7%.

Chart 2. Mortgage Bankers Association Refinancing Index SA

MBA Purchase Index rose 1.4%. Prior reading was an increase of 3.9.%; On year level MBA Purchase Index is down 28.5%.

Chart 3. Mortgage Bankers Association Purchase Index SA

No improvement in key purchase index.

This entry was posted on Wednesday, November 3rd, 2010 at 6:18 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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