| United States : MBA Purchase Applications |
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Released On 6/13/2012 7:00:00 AM For wk6/8, 2012
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Prior | Actual |
| Composite Index - W/W Change | 1.3 % | 18.0 % | | Purchase Index - W/W Change | -1.8 % | 13.0 % | | Refinance Index - W/W Change | 2.0 % | 19.0 % |
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Definition
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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