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 12/23/2009 7:00:00 AM For wk12/18, 2009
PriorActual
Purchase Index - W/W Change-0.1 %-11.6 %

Highlights
The holidays often make for big swings in week-to-week data. MBA's purchase application index fell 11.6 percent while the refinance index fell 10.1 percent. Interest rates remain extremely low with 30-year loans averaging 4.92 percent. New home sales for November will be posted at 10:00 ET.

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]