September 14, 2022

MBA Mortgage Applications (week ended (9/9/2022)

- Purchase Index week/week +0.2$%. Previous weeks were  -0.7%, -1.8%, -0.5%, -0.8%, -1.4%, 1.0%, -0.8%, -7.3%, 3.6%, -4.3%, +0.1% , +7.9%, 8.1%, 7.1%, -0.6%, +0.2%., -11.9%, and +4.8%.

- Refinance Index week/week -1.2%.  Previous weeks  were -1.1%, -7.9%, -2.8%, -5.4%, 3.5%, 1.5%, 3.7%, -4.3%, 2.2%, -7.7%, +1.9%, -3.1%, 3.7%, 5.6%,  -5.4%, -3.9%, +0.2%, and -9.5%.

- Composite Index week/week -4.2%. Previous weeks were -0.8%, -3.7%, -1.8%, -7.9%, -1.2%, -2.3%, 0.2%, 1.2%, -1.8%, -6.3%, -1.7%, -5.4%, +0.7% , +4.2%, 6.6%,  -6.5%, -2.3%, and -1.2%.

 

Source:  MBA. https://www.mba.org/news-and-research/newsroom/news/2022/09/14/mortgage-applications-decrease-in-latest-mba-weekly-survey

 

PPI  (August 2022)

- PPI-FD month/month    -0.1%. Previous was -0.5%

- PPI-FD year/year        8.7%. Previous was 9.8%

- Ex-Food & Energy month/month    0.2%. Previous was 0.2%

- Ex-Food & Energy year/year       8.1%. Previous was 7.6%

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

- Ex-Food, Energy & Trade Services year/year    5.8%. Previous was +5.8%

This is inflation at the wholesale level.

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