2009 Economic Calendar
POWERED BY  econoday logo
Resource Center »  U.S. & Intl Recaps   |   Release Dates   |   Event Definitions   |   Today's Calendar

MBA Purchase Applications
Released on 12/16/2009 7:00:00 AM For wk12/11, 2009
PriorActual
Purchase Index - W/W Change4.0 %-0.1 %

Highlights
MBA's purchase index slipped 0.1 percent in the Dec. 11 week with the refinance index up 0.9 percent. Mortgage rates remain extremely low, at 4.92 percent for 30-year loans. Housing starts for November will be released at 8:30 ET this morning and are expected to show a gain following a drop in October.

Definition
The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders. This is a leading indicator for single-family home sales and housing construction.  Why Investors Care
 

Order the 2010 Econoday Investor's Journal Print Edition
Legal Notices | ©Copyright 2000-2010 Econoday, Inc.  powered by [Econoday] [Apple App Store]
[Econoday on Kindle]