MBA Mortgage Applications Down 18.6%

December 22nd, 2010 by Belisarius

(For The Week Ending December 17, 2010)

MBA mortgage applications fell 18.6% on back of falling refinancing due increased mortgage rates; Prior reading was a decrease of 2.3%; On year level MBA Basic Index is down 18.6%.

Chart 1. Mortgage Bankers Association Basic Index SA

MBA Refinancing index fell -24.6%; Prior reading was a decrease of 0.7%; On year level MBA Refinancing Index is down 24.6%.

Chart 2. Mortgage Bankers Association Refinancing Index SA

MBA Purchase Index fell 2.5%. Prior reading was a decrease of 5.0.%; On year level MBA Purchase Index is down 8.4%.

Chart 3. Mortgage Bankers Association Purchase Index SA


This entry was posted on Wednesday, December 22nd, 2010 at 7:17 am and is filed under U.S. Economic Data, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “MBA Mortgage Applications Down 18.6%”

  1. Mortgage Prelicense Education Says:
    December 22nd, 2010 at 11:12 pm

    The graphs give the details about providing loan for higher education. From these the financial farms get the data of benefited people. Thanks…

 
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