Mtg apps, Euro zone industrial production

Sharing is Caring!

by WARREN MOSLER

Getting even more serious- year over year down 6%:

Highlights

The purchase index fell for a fourth straight week and down steeply, at a 6.0 percent rate which is not only the weekly change but also the yearly change as well. The report attributes the fall to “renewed uncertainty about the domestic and global economy” which it said held buyers off the market. But citing strength in the labor market, the Mortgage Bankers’ Association expects purchase activity to pick up in the coming months.

 

337 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.