Mortgage applications fall | Waccabuc Real Estate

Mortgage applications in the United States fell 9.7 percent in the week ending September 15th, 2017, after rising 9.9 percent in the previous period. It is the sharpest decline in mortgage applications since July of 2016, data from the Mortgage Bankers Association showed. Applications to purchase a home slumped 10.8 percent and refinance applications dropped 8.5 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.04 percent. Mortgage Applications in the United States averaged 0.48 percent from 2007 until 2017, reaching an all time high of 49.10 percent in January of 2015 and a record low of -38.80 percent in January of 2009.

Calendar	GMT		Actual	Previous	TEForecast
2017-09-06	11:00 AM	MBA Mortgage Applications	3.3%	-2.3	0.50%
2017-09-13	11:00 AM	MBA Mortgage Applications	9.9%	3.3%	0.48%
2017-09-20	11:00 AM	MBA Mortgage Applications	-9.7%	9.9%	0.43%
2017-09-27	11:00 AM	MBA Mortgage Applications			0.45%
2017-10-04	11:00 AM	MBA Mortgage Applications			0.46%
2017-10-11	11:00 AM	MBA Mortgage Applications			0.46%

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1300.00	1230.00	2419.00	513.00	Thousand	[+]
Housing Starts	1180.00	1190.00	2494.00	478.00	Thousand	[+]
New Home Sales	571.00	630.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	-1.30	0.30	30.90	-24.30	percent	[+]
Existing Home Sales	5440.00	5510.00	7250.00	1370.00	Thousand	[+]
Construction Spending	-0.60	-1.40	5.90	-4.80	percent	[+]
Housing Index	0.10	0.30	1.20	-1.80	percent	[+]
Nahb Housing Market Index	64.00	67.00	78.00	8.00	[+]
Mortgage Rate	4.04	4.03	10.56	3.47	percent	[+]
Mortgage Applications	-9.70	9.90	49.10	-38.80	percent	[+]
Home Ownership Rate	63.70	63.60	69.20	62.90	percent	[+]
Case Shiller Home Price Index	200.54	199.05	206.52	100.00	Index Points