The Epic American Credit and Bond Bubble Laboratory Message Board

*DJ US MBA Market Index Falls 6% To 552.6 From 588

*DJ US MBA Purchase Index Falls 7.1% To 396.4 From 426.7

*DJ US MBA Refinancing Index Falls 4.3% To 1480.5 From 1546.8

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
05/19/06 608.2 458.4 1480.5 552.6 396.4 1480.5
05/12/06 648.1 493.8 1546.8 588.0 426.7 1546.8
05/05/06 618.6 479.7 1427.4 562.1 416.5 1427.4
04/28/06 652.3 495.5 1565.6 596.8 433.3 1565.6
04/21/06 595.2 441.7 1489.4 548.6 389.4 1489.4
04/14/06 614.6 458.1 1526.1 569.6 407.4 1526.1
04/07/06 623.5 467.4 1532.4 579.4 417.7 1532.4
03/31/06 656.8 487.9 1640.8 612.8 438.2 1640.8
03/24/06 612.6 450.2 1558.4 571.7 404.1 1558.4
03/17/06 606.8 440.6 1574.5 565.0 393.6 1574.5
03/10/06 616.4 450.3 1583.6 574.4 403.0 1583.6
03/03/06 615.3 443.7 1614.4 575.6 399.0 1614.4
02/24/06 545.2 395.7 1416.1 571.5 400.8 1573.5
02/17/06 602.8 436.5 1571.4 578.5 408.7 1571.4

DJ US MBA Mortgage Survey Table Of Seasonally Adjusted Data

Seasonally Adjusted data for week ending 5/19/06

Composite Index Current Prev Week % Change 4 Wks Ago Year Ago
Market 552.6 588.0 -6.0 548.6 729.6
Purchase 396.4 426.7 -7.1 389.4 482.3
Refi 1480.5 1546.8 -4.3 1489.4 2167.9
Fixed-Rate 402.5 431.9 -6.8 413.0 498.5
ARM 3699.0 3861.9 -4.2 3392.0 5568.3

Conventional Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 818.2 869.7 -5.9 806.8 1099.1
Purchase 617.5 664.3 -7.0 602.7 763.9
Refi 1654.3 1726.3 -4.2 1651.5 2461.7
Fixed-Rate 585.2 629.0 -7.0 598.6 738.3
ARM 5597.5 5807.7 -3.6 5076.7 8497.1

Government Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 109.8 118.3 -7.2 118.1 113.0
Purchase 80.5 87.2 -7.7 84.6 80.0
Refi 563.5 600.7 -6.2 635.3 615.7
Fixed-Rate 98.0 103.3 -5.1 103.7 98.9
ARM 366.3 445.7 -17.8 433.8 420.3

DJ US MBA Mortgage Survey Table Of Unadjusted Data

Unadjusted data for week ending 5/19/06

Composite Index Current Prev Week % Change 4 Wks Ago Year Ago
Market 608.2 648.1 -6.2 595.2 790.1
Purchase 458.4 493.8 -7.2 441.7 553.3
Refi 1480.5 1546.8 -4.3 1489.4 2167.9
Fixed-Rate 443.0 476.0 -6.9 448.1 539.8
ARM 4071.2 4256.5 -4.4 3680.4 6029.9

Conventional Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 899.8 957.8 -6.1 874.8 1189.3
Purchase 714.1 768.7 -7.1 683.7 876.3
Refi 1654.3 1726.3 -4.2 1651.5 2461.7
Fixed-Rate 643.5 692.6 -7.1 649.0 798.9
ARM 6155.4 6395.8 -3.8 5504.4 9194.7

Government Market Current Prev Week % Change 4 Wks Ago Year Ago
Total 122.1 131.7 -7.3 129.2 124.0
Purchase 93.1 100.9 -7.7 95.9 91.8
Refi 563.5 600.7 -6.2 635.3 615.7
Fixed-Rate 109.0 115.0 -5.2 113.4 108.5
ARM 407.3 496.1 -17.9 474.5 461.3

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 -6.2 2.2 -23.0 -7.4 2.9 -18.7 234.8
Purchase -7.2 3.8 -17.1 -8.7 2.4 -15.5 228.4
Refi -4.3 -0.6 -31.7 -5.3 3.8 -23.5 246.4
Fixed-Rate -6.9 -1.1 -17.9 -8.6 -3.3 -8.9 188.2
ARM -4.4 10.6 -32.5 -6.0 11.9 -28.4 340.8

Conventional -6.1 2.9 -24.1 -7.4 3.3 -19.4 242.7
Purchase -7.1 4.5 -18.3 -8.7 2.7 -16.3 237.0
Refi -4.2 0.2 -32.6 -5.3 4.2 -23.9 252.6
Fixed-Rate -7.1 -0.9 -19.2 -8.7 -3.3 -9.6 194.3
ARM -3.8 11.8 -32.9 -5.8 12.5 -28.7 346.2

Government -7.3 -5.5 -1.1 -7.9 -4.7 -1.0 138.2
Purchase -7.7 -3.0 2.0 -8.4 -4.0 3.4 134.2
Refi -6.2 -11.3 -8.1 -6.8 -6.3 -10.0 148.2
Fixed-Rate -5.2 -3.8 0.9 -6.5 -3.4 2.1 128.2
ARM -17.9 -14.2 -11.4 -12.9 -9.5 -11.4 196.5

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 6.84 1.17 6.61 -6 8 98
15-Year Fixed 6.52 1.16 6.23 -3 5 99
7-Year Balloon 6.75 1.30 6.42 10 18 94
5-Year Balloon 6.99 1.30 6.66 7 5 105
ARM, 1-Yr Tsy 6.24 0.87 6.02 -5 6 181
FHA 203 (b) 6.75 0.96 6.59 -20 11 79
All rates except FHA 203(b) are for 80% loan-to-value mortgage.

(END) Dow Jones Newswires

05-24-06 0700ET

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