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.

This entry was posted on Wednesday, November 24th, 2010 at 8:42 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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