THE BASIS POINT

Mortgage Applications up 1st Time in 4 Weeks.

 

MBA Mortgage Applications (week ended 7/4/2014)

– Purchase Index Week/Week +4.0%. Previous weeks were -1.0%, -1.0%. -5.2%, +9.0%, -4.0%, -1.0%, -3.0%, -1.0%, +9.0%, -4.0%, -3.0%, and +1.0%.

– Refinance Index Week/Week +0.4%. Previous weeks were +0.1%, -1.0%, -13.0%, +11.0%, -3.0%, -1.0%, +4.0%, +7.0%, +2.0%, -7.0%, and -4.0%.

– Composite Index Week/Week +1.9%. Previous weeks were -0.2%, -1.0%, -9.2%, +10.3%, -3.1%, -1.2%, +0.9%, +3.6%, +5.3%, -5.9%, and -3.3%.

 

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