MBA Mortgage Applications (week ended 12/3/2021)

- Purchase Index week/week -5.0%. Previous weeks were +5.0%, 5.0%,  +2.0%, +3.0%, -2.0%., -5.0%, +4.0%, +0.2%, -2.0%, -1.0%, +2.0%,  +8.0%,  -0.2%, +1.0%, +3.0%, -1.0%., and +1.8%

- Refinance Index week/week +9,0%. Previous weeks  were   15.0%, +0.4%, -5.0%,  +7.0%., 4.0%, -2.0%, -7.0%, -1.0%, -10.0%, -1.0%, +7.0%, -3.0%, -3.0, -4.0%, +1.0%, -5.0%, and +3.2%

- Composite Index week/week  +2.0%.   Previous weeks were -7.2, +1.8%, -2.8%., +5.5%, -3.3%, +0.3%,  -6.3%, +0.2%, -6.9%, -1.1%, +4.9, +0.3%, -1.9%, -2.4%, +1.6%, and -3.9%

Source:  MBA    https://www.mba.org/2021-press-releases/december/mortgage-applications-increase-in-latest-mba-weekly-survey-x288179

 

JOLTS  (October 2021)

- Job Openings 13,033,000.  Previous was 10,438,000.

If it is going to take higher wages to fill these jobs that will add to inflation.

Source:  BLS  Details: https://www.bls.gov/news.release/pdf/jolts.pdf