US MBA mortgage market index report w/e 8 January 2016

  • Mortgage index 398.5 vs 328.6 prior
  • Purchase index 231.1 vs 196.2 prior
  • Refi index 1380.4 vs 1114.8 prior
  • 30yr mortgage rate 4.12% vs 4.20% prior

A decent pick up into the new year. There's may have been some backlog/slack due to the holidays