The Residential Real Estate Crash Index Message Board

DJ US MBA Market Index Falls 5.7% To 619.3 From 656.7

12/14/2005
Dow Jones News Services
(Copyright © 2005 Dow Jones & Company, Inc.)

*DJ US MBA Purchase Index Falls 3.5% To 477.9 From 495.1

DJ US MBA Mortgage Survey Snapshot

WASHINGTON (Dow Jones)--Following is data from the Mortgage Bankers Association of America's weekly mortgage application survey, released Wednesday.
Seasonally Unadjusted Seasonally Adjusted
Week : Market Purchase Refi Market Purchase Refi
Ending : Index Index Index Index Index Index
12/09/05 525.6 368.1 1441.8 619.3 477.9 1441.8
12/02/05 571.8 395.6 1596.4 656.7 495.1 1596.4
11/25/05 389.5 277.9 1039.0 624.1 476.2 1484.3
11/18/05 583.2 411.1 1584.1 635.4 472.3 1584.1
11/11/05 556.5 388.8 1532.2 657.6 477.9 1702.4
11/04/05 633.4 433.1 1798.8 661.3 465.7 1798.8
10/28/05 626.9 414.5 1862.8 646.7 437.6 1862.8
10/21/05 661.6 445.8 1916.8 679.1 466.4 1916.8
10/14/05 647.2 434.2 1886.1 737.5 503.9 2095.7
10/07/05 676.7 448.4 2004.9 694.8 469.5 2004.9
9/30/05 694.9 452.1 2107.4 713.5 473.8 2107.4
9/23/05 703.6 462.4 2106.6 721.2 483.1 2106.6
9/16/05 757.7 483.3 2353.7 772.2 500.3 2353.7
9/09/05 677.0 453.2 1978.8 760.6 513.4 2198.7

DJ US MBA Mortgage Survey Table Of Seasonally Adjusted Data

Seasonally Adjusted data for week ending 12/9/05

Composite Index Current Prev Week % Change 4 Wks Ago Year Ago
Market 619.3 656.7 -5.7 657.6 689.0
Purchase 477.9 495.1 -3.5 477.9 488.9
Refi 1441.8 1596.4 -9.7 1702.4 1852.4
Fixed-Rate 431.2 460.3 -6.3 462.0 475.1
ARM 4555.3 4766.2 -4.4 4750.2 5165.9

Conventional Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 927.5 981.8 -5.5 980.8 1027.6
Purchase 758.4 781.2 -2.9 751.4 766.5
Refi 1614.8 1797.5 -10.2 1913.4 2089.3
Fixed-Rate 636.1 678.0 -6.2 678.3 700.1
ARM 6901.5 7213.3 -4.3 7183.9 7743.3

Government Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 105.0 114.0 -7.9 118.1 123.9
Purchase 77.1 86.5 -10.9 87.3 92.6
Refi 530.0 533.2 -0.6 588.3 601.3
Fixed-Rate 88.2 98.1 -10.1 99.4 100.8
ARM 467.5 456.4 2.4 525.1 625.8

DJ US MBA Mortgage Survey Table Of Unadjusted Data

Unadjusted data for week ending 12/9/05

Composite Index Current Prev Week % Change 4 Wks Ago Year Ago
Market 525.6 571.8 -8.1 556.5 590.6
Purchase 368.1 395.6 -7.0 388.8 373.7
Refi 1441.8 1596.4 -9.7 1532.2 1852.4
Fixed-Rate 366.0 400.8 -8.7 391.0 407.3
ARM 3866.2 4150.2 -6.8 4020.1 4428.4

Conventional Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 787.6 855.8 -8.0 830.6 882.6
Purchase 584.2 624.2 -6.4 611.3 585.8
Refi 1614.8 1797.5 -10.2 1722.1 2089.3
Fixed-Rate 540.2 591.0 -8.6 574.4 601.3
ARM 5860.8 6287.3 -6.8 6083.6 6650.8

Government Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 88.4 97.7 -9.5 99.2 103.4
Purchase 59.4 69.1 -14.0 71.0 70.8
Refi 530.0 533.2 -0.6 529.5 601.3
Fixed-Rate 74.3 84.1 -11.7 83.5 84.1
ARM 393.7 391.3 0.6 441.1 522.2

DJ US MBA Mortgage Survey Table Of Comparisons

Percent Change In Percent Change
No. Of Applications In Dollar Value Avg
Week Ago 4Wks Ago Yr Ago Week Ago 4Wks Ago Yr Ago Loan
($000)
Total -8.1 -5.6 -11.0 -11.3 -6.0 -2.5 240.9
Purchase -7.0 -5.3 -1.5 -10.3 -7.0 2.3 235.5
Refi -9.7 -5.9 -22.2 -12.7 -4.5 -8.6 249.0
Fixed-Rate -8.7 -6.4 -10.1 -10.8 -6.0 -3.7 188.5
ARM -6.8 -3.8 -12.7 -11.9 -6.0 -1.2 344.9

Conventional -8.0 -5.2 -10.8 -11.4 -5.8 -2.6 246.4
Purchase -6.4 -4.4 -0.3 -10.1 -6.8 2.7 241.4
Refi -10.2 -6.2 -22.7 -13.3 -4.3 -9.1 253.7
Fixed-Rate -8.6 -6.0 -10.2 -11.3 -6.1 -4.4 191.5
ARM -6.8 -3.7 -11.9 -11.6 -5.4 -0.6 350.1

Government -9.5 -10.9 -14.5 -8.2 -10.9 -0.3 160.3
Purchase -14.0 -16.3 -16.1 -15.4 -11.5 -5.0 152.9
Refi -0.6 0.1 -11.9 5.0 -10.0 7.6 172.9
Fixed-Rate -11.7 -11.0 -11.7 -6.6 -6.3 5.3 150.7
ARM 0.6 -10.7 -24.6 -12.9 -22.8 -14.5 199.5

DJ US MBA Mortgage Survey Table Of Current Interest Rates

Change in Contract Rate (bps)
Effective Total Contract 1 Week 4 Weeks 1 Year
Rate Points Rate Ago Ago Ago
30-Year Fixed 6.53 1.24 6.28 -4 -5 63
15-Year Fixed 6.15 1.28 5.83 -1 -4 79
7-Year Balloon 6.25 1.41 5.89 -9 -7 75
5-Year Balloon 6.54 1.31 6.21 -8 10 103
ARM, 1-Yr Tsy 5.73 0.94 5.50 1 4 140
FHA 203 (b) 6.08 0.85 5.94 -10 -37 12
All rates except FHA 203(b) are for 80% loan-to-value mortgage.

(END) Dow Jones Newswires

12-14-05 0700ET

Copyright (c) 2005 Dow Jones & Company, Inc.