Mortgage Applications up. Chain Store Sales Down.

MBA Mortgage Applications (week ended 1/18/2013)  

- Purchase Index – Week/Week +3.0%

- Refinance Index – Week/Week +8.0%

-Composite Index – Week/Week +7.0%

This marks three consecutive weeks of increase in applications.  Due to the holidays the data has been bouncy but there is a definite trend upwards.

FHFA House Price Index  (November 2012)

- Month/Month +0.6% – Year/Year +5.6%.

This index is from the Federal Housing Finance Agency and covers only single family homes purchased with conforming conventional mortgages.

Chain Store Sales (week ended 1/19/2013)

ICSC-Goldman Store Sales

- Week/Week -1.5%

- Year/Year +3.2%

This marks 3 consecutive declines in the week/week. Last week the data was -0.6% and the previous week it was -4.2%.

Redbook

- Year/Year +1.8%

 
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