THE BASIS POINT

DGO Gains Modest.

 

MBA Mortgage Applications (week ended 8/21/2015)

– Purchase Index Week/Week +2.0%. Previous weeks were -1.0%, -4.0%, +3.0%, +0.8%, -0.1%, +1.0%, -8.0%, +7.0%, -4.0%, +1.0%. -4.0%, +10.0%, -3.0%, and +1.0%.

– Refinance Index Week/Week -1.0%. Previous weeks were +7.0%, +3.0%, +6.0%, +2.0%, -1.0%, +4.0%, +3.0%, -5.0%, +2.0%, -7.0%, +7.0%, and -12.0%.

– Composite Index Week/Week +0.2%. Previous weeks were +3.6%, -0.1%, +0.8%, -1.9%, +4.6%, -4.7%, +1.6%, -5.5%, +8.4%, -7.6%, -1.6%, and -1.5%.

Purchase applications are +18.0% year over year.

 
Durable Goods Orders  (July 2015)

– New Orders month/month +2.0%. Previous was +4.1%.
– New Orders year/year   -19.6%. Previous was -2.8%
– Ex-transportation month/month +0.6%. Previous was +1.0%
– Ex-transportation year/year   -2.5%. Previous was -4.5%.

 

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