MBA Chart of the Week: FHFA Purchase-Only Price Index

This week’s MBA Chart of the Week shows FHFA’s quarterly, non-seasonally adjusted year-over-year HPA starting from the fourth quarter of 2008 through the second quarter of 2021, together with MBA’s quarterly forecast through the end of 2024.

MBA Chart of the Week: FHFA Purchase-Only Price Index

This week’s MBA Chart of the Week shows FHFA’s quarterly, non-seasonally adjusted year-over-year HPA starting from the fourth quarter of 2008 through the second quarter of 2021, together with MBA’s quarterly forecast through the end of 2024.

Quote

“Refinance applications declined for the fourth week as rates increased, bringing the refinance index to its lowest level since July.” –Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.