MBA Mortgage Applications Down 12.9%
(For The Week Ending January 21, 2010)
MBA mortgage applications fell 12.9%; Prior reading was an increase of 5.0%; On year level MBA Basic Index is down 13.9%.
Chart 1. Mortgage Bankers Association Basic Index SA
MBA Refinancing index fell -15.3%; Prior reading was an increase of 7.7%; On year level MBA Refinancing Index is down 10.4%.
Chart 2. Mortgage Bankers Association Refinancing Index SA
MBA Purchase Index fell 8.7%. Prior reading was a decrease of 1.9.%; On year level MBA Purchase Index is down 20.1%.
Chart 3. Mortgage Bankers Association Purchase Index SA