MBA Mortgage Applications Up 2.1%
(For The Week Ending November 19, 2010)
MBA mortgage applications rose 2.1%; Prior reading was a decrease of 14.4%; On year level MBA Basic Index is up 21.3%.
Chart 1. Mortgage Bankers Association Basic Index SA
MBA Refinancing index fell -1.0%; Prior reading was a decrease of 16.5%; On year level MBA Refinancing Index is up 34.6%.
Chart 2. Mortgage Bankers Association Refinancing Index SA
MBA Purchase Index rose 14.4%. Prior reading was a decrease of 5.0.%; On year level MBA Purchase Index is down 8.1%.
Chart 3. Mortgage Bankers Association Purchase Index SA
Finally something positive in purchase index.