MBA Mortgage Applications (week ended 8/14/2015)

- Purchase Index Week/Week -1.0%. Previous weeks were -4.0%, +3.0%, +0.8%, -0.1%, +1.0%, -8.0%, +7.0%, -4.0%, +1.0%. -4.0%, +10.0%, -3.0%, +1.0%, and -4.0%.

- Refinance Index Week/Week +7.0%. Previous weeks were +3.0%, +6.0%, +2.0%, -1.0%, +4.0%, +3.0%, -5.0%, +2.0%, -7.0%, +7.0%, -12.0%, and -4.0%.

- Composite Index Week/Week +3.6%. Previous weeks were -0.1%, +0.8%, -1.9%, +4.6%, -4.7%, +1.6%, -5.5%, +8.4%, -7.6%, -1.6%, -1.5%, and -3.5%.

Purchase applications are +19.0% year over year.

 

Consumer Price Index  (July 2015)

- CPI month/month +0.1%. Previous was +0.3% - CPI year/year   +0.2%. Previous was +0.1%

- CPI core (less food & energy) month/month +0.1%. Previous was +0.2%

- CPI core (less food & energy) year/year  +1.8%. Previous was +1.8%.

Inflation remains contained and the core numbers are close to the Fed's target for 2% inflation.