2015 Economic Calendar
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MBA Mortgage Applications  
Released On 8/19/2015 7:00:00 AM For wk8/14, 2015
Composite Index - W/W Change0.1 %3.6 %
Purchase Index - W/W Change-4.0 %-1.0 %
Refinance Index - W/W Change3.0 %7.0 %

A dip in rates gave a boost to refinancing demand, up 7 percent in the latest week, but failed to give much lift to purchase applications which fell 1.0 percent. Still, purchase demand is up a sharp 19 percent from a year ago. The average rate for 30-year conforming loans ($417,000 or less) fell 2 basis points in the week to 4.11 percent.

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

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