MBA Mortgage Applications Down 14.4%

(For The Week Ending November 12, 2010)

MBA mortgage applications fell 14.4%; Prior reading was an increase of 5.8%; On year level MBA Basic Index is up 13.4%.

Chart 1. Mortgage Bankers Association Basic Index SA

MBA Refinancing index fell -16.5%; Prior reading was an increase of 6.0%; On year level MBA Refinancing Index is up 23.o%.

Chart 2. Mortgage Bankers Association Refinancing Index SA

MBA Purchase Index fell 5.0%. Prior reading was an increase of 5.5.%; On year level MBA Purchase Index is down 12.0%.

Chart 3. Mortgage Bankers Association Purchase Index SA

No improvement in key purchase index.

This entry was posted on Wednesday, November 17th, 2010 at 7:39 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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