MBA Mortgage Applications (week ended 12/7/2012)
Purchase Index Week/Week 1.0%
Refinance Index Week/Week 8.0%
Composite Index Week/Week +6.2%
The number of purchase application has increased for 5 consecutive weeks. The above data are seasonally adjusted. The unadjusted Purchase Index decreased 4% compared with the previous week and was 9% higher than the same week one year ago.
Import and Export Prices (November 2012)
Export Prices – Month/Month -0.7%
Export Prices – Year/Year 0.7%
Import Prices – Month/Month -0.9%
Import Prices – Year/Year -1.6%
These data indicate restrained inflation reports tomorrow (PPI) and Friday (CPI).