MBA Application Survey – July 13 = applications fell 5.1% last week

[mEDITate-OR:
wonder why the NAR says sales are going up
when both purchase and refi mortgage application are going down.
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The seasonally adjusted purchase index declined 2.6% for the week ended July 8
while the unadjusted purchase index decreased 21.9%.
The refinance index, which isn't seasonally adjusted, fell 6.2% from the prior week
and is 42.1% lower than last year.
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While many reports are given to U.S., very few charts are.
Paper Economy is one of, if not the, best.
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MBA Application Survey – July 13
http://paper-money.blogspot.com/2011/07/reading-rates-mba-application-survey_13.html
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MBA applications fell 5.1% last week
http://www.housingwire.com/2011/07/13/mortgage-applications-fall-5-1
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