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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 09/26/2008. New York City seasonally adjusted weekly Purchase volume decreased 6% to close at 16 compared to 17 one week earlier. The seasonally adjusted weekly Refinance volume decreased 33% to close at 10 compared to 15 one week earlier. The average contract interest rate for 30-year fixed-rate mortgages decreased to 6.07% compared to 6.08% one week earlier.

NYC Weekly Purchase, Refinance Volume & 30-YR Rate to 09/26/2008
(6-Month Period)


New York & National Sales Volume
The Refinance Index decreased 34.7 percent to 1333.9 from the previous week and the seasonally adjusted Purchase Index decreased 10.9 percent to 304.8 from one week earlier.

NYC & National Weekly Purchase Volume to 09/26/2008
(6-Month Period)


NYC & National Weekly Refinance Volume to 09/26/2008
(6-Month Period)



NYC Monthly To 09/30/2008 For the 12-month period through September 2008. New York City monthly Purchase volume for September 2008 decreased 4 percent to 80 from 83 the previous month. Monthly Refinance volume for August increased 138 percent to 57 from 24 one month earlier. The average rate for 30-year fixed-rate mortgages decreased to 6.65% from 7.00% (source: HSH Associates)

NYC Monthly Purchase, Refinance Volume & 30-Year Mortgage Rate to 09/30/2008
(12-Month Period)



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