MBA Mortgage Applications Up 3.2%
(For The Week Ending October 22, 2010)
MBA mortgage applications rose 3.2%; Prior reading was a decrease of 10.5.%; On year level MBA Basic Index is up 47.4%.
Chart 1. Mortgage Bankers Association Basic Index SA
MBA Refinancing index rose 3.0%; Prior reading was a decrease of 11.2.%; On year level MBA Refinancing Index is up 96.6%.
Chart 2. Mortgage Bankers Association Refinancing Index SA
MBA Purchase Index rose 3.9%. Prior reading was a decrease of 6.7.%; On year level MBA Purchase Index is down 30.8%.
Chart 3. Mortgage Bankers Association Purchase Index SA
No improvement in key purchase index.