April 13, 2022

MBA Mortgage Applications (week ended 4/8/2022)

- Purchase Index week/week +1.0%. Previous weeks were -3.0%., +1.0%, -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%, and +5.0%

- Refinance Index week/week  -5.0%.  Previous weeks  were -10.0%., -15.0%, -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%, and 15.0%

- Composite Index week/week -1.3%.  Previous weeks were  -6.3%., -6.8%, -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%, and -7.2

Source:  MBA (Mortgage Bankers Association) Details: https://www.mba.org/news-and-research/newsroom/news/2022/04/06/mortgage-applications-decrease-in-latest-mba-weekly-survey

 

PPI  (March 2022)

- PPI-FD month/month    1.4%. Previous was 0.9%

- PPI-FD year/year        11.2%. Previous was 10.3%

- Ex-Food & Energy month/month    1.0%. Previous was 0.4%

- Ex-Food & Energy year/year        9.2%. Previous was +8.4%

- Ex-Food, Energy & Trade Services month/month    0.9%. Previous was 0.2%

- Ex-Food, Energy & Trade Services year/year    7.0%. Previous was +6.7%

This is inflation at the wholesale level.

Source: Bureau of Labor Statistics (BLS)   Details:  https://www.bls.gov/ppi/