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MMJ Weekly & Monthly Purchase & Refinance Volume

MMJ Real Time Data
The following graphs depict purchase and refinance volume on a local and national scale. MMJ tracks a fixed area of mortgage application activity in New York City on a daily basis. The local data is charted against the national numbers as supplied by the Mortgage Bankers Association (MBA).

New York Weekly Purchase & Refinance Volume
For the week ending 07/25/2008. New York City seasonally adjusted weekly Purchase volume decreased 23% to close at 20 compared to 26 one week earlier. The seasonally adjusted weekly Refinance volume increased 8% to close at 13 compared to 12 one week earlier. The average contract interest rate for 30-year fixed-rate mortgages decreased to 6.46% compared to 6.59% one week earlier.

NYC Weekly Purchase, Refinance Volume & 30-YR Rate to 07/25/2008
(6-Month Period)


New York & National Sales Volume
The Refinance Index decreased 22.9 percent to 1074.4 from 1392.7 the previous week and the seasonally adjusted Purchase Index decreased 7.8 percent to 309.5 from 335.6 one week earlier.

NYC & National Weekly Purchase Volume to 07/25/2008
(6-Month Period)


NYC & National Weekly Refinance Volume to 07/25/2008
(6-Month Period)



NYC Monthly To 067/31/2008 For the 12-month period through March 2008. New York City monthly Purchase volume for March 2008 increased 8.7 percent to 112 from 103 the previous month. Monthly Refinance volume for March increased 15.4 percent to 75 from 65 one month earlier. The average rate for 30-year fixed-rate mortgages increased to 6.56% from 6.54% (source: HSH Associates)

NYC Monthly Purchase, Refinance Volume & 30-Year Mortgage Rate to 06/31/2008
(12-Month Period)



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