March 30, 2022
MBA Mortgage Applications (week ended 3/25/2022)
- Purchase Index week/week +1.0%. Previous weeks were -2.0%, 1.0%, +9.0%, -2.0%, -10.0%, -1.0%, -10.0%, +4.0%, -2.0%, 8.0%, 2.0%, -4.0% -3.3%, +1.0%, -5.0%,+5.0%, 5.0%, and +2.0%
- Refinance Index week/week -15.0% . Previous weeks were -14.0%, -3.0%, +9.0%, +1.0%, -16.0%, -9.0%, -7.0%, +18.0%, -13.0%, -3.0%, -0.1%, -2.0%, +2.2%,-6.0%, +9.0%, 15.0%, +0.4%, and -5.0%
- Composite Index week/week -6.8% Previous weeks were -14.0%, -1.2%, 8.5%, -0.7%, -13.1%, -5.4%, -8.1%, +4.0%, -7.1%, 2.3%, +1.4%, 2.7%, -0.6%, -4.0%, +2.0%, -7.2, +1.8%, and -2.8%.
Source: MBA (Mortgage Bankers Association) Details: https://www.mba.org/2022-press-releases/march/mortgage-applications-decrease-in-latest-mba-weekly-survey-x295413
ADP Private Jobs (March 2022)
- Private Jobs +495,000. Previous was +486,000
Previous was revised from +475,000 to +485,000
Source: ADP Details: https://adpemploymentreport.com/2022/March/NER/NER-March-2022.aspx
GDP (4thQ 2021)
- Quarter over Quarter - annualized 6.9%. Previous estimate was 7.0%. Previous Q was 2.3%
- Personal Consumption Expenditures - annualized 2.5%. Previous was 3.1%
Source: BEA Details: https://www.bea.gov/news/2022/gross-domestic-product-third-estimate-corporate-profits-and-gdp-industry-fourth-quarter
Detailed analysis here http://www.consumerindexes.com/
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