MBA Mortgage Applications Down 2.3%
(For The Week Ending December 10, 2010)
MBA mortgage applications fell 2.3%; Prior reading was a decrease of 0.9%; On year level MBA Basic Index is down 11.6%.
Chart 1. Mortgage Bankers Association Basic Index SA
MBA Refinancing index fell -0.7%; Prior reading was a decrease of 0.7%; On year level MBA Refinancing Index is down 9.4%.
Chart 2. Mortgage Bankers Association Refinancing Index SA
MBA Purchase Index fell 5.0%. Prior reading was an increase of 1.8.%; On year level MBA Purchase Index is down 17.0%.
Chart 3. Mortgage Bankers Association Purchase Index SA