Durable Goods Orders

Fundamentals 7/27: Durable Goods & Loan Apps Down

MBA Mortgage Applications (week ending 7/22) -Purchase Index Week/Week: -3.8% -Refinance Index Week/Week: -5.5% -Composite Index Week/Week: -5.0% -Refi apps fell to 69.6% of total apps from 70.1% the previous week -The Purchase Index indicates that July home sales are likely to be weak -Four-week moving average for all apps was down 0.3% Durable Goods

Fundamentals 7/27: Durable Goods & Loan Apps Down

MBA Mortgage Applications (week ending 7/22) -Purchase Index Week/Week: -3.8% -Refinance Index Week/Week: -5.5% -Composite Index Week/Week: -5.0% -Refi apps fell to 69.6% of total apps from 70.1% the previous week -The Purchase Index indicates that July home sales are likely to be weak -Four-week moving average for all apps was down 0.3% Durable Goods