MBA Mortgage Applications Down 2.9%

MBA mortgage applications fell 2.9% for week ending 16 April, the prior reading was an increase of 13.6%. Large surge in purchase index (+7.4%) was more than offset by falling refinance index (-8.8%).

Chart 1. MBA Mortgage Applications

Source: Bloomberg

This entry was posted on Wednesday, April 28th, 2010 at 6:14 am and is filed under Markets, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 

Get Adobe Flash player