The past four weeks of for MBA purchase applications has been rather inconsistent (up and down); however, in the April 29th week the Mortgage Bankers Association index show a 0.3% gain. I would not call this stellar by any means and based on the past few weeks showing, this gain may be short lived.
| Prior | Actual | |
| Purchase Index – W/W Change | -13.6 % | 0.3 % |
| Refinance Index – W/W Change | -0.6 % | 6.0 % |
| Composite Index – W/W Change | -5.6 % | 4.0 % |