interesting how mtg rates are lower than at the Oct 31 fed meeting.

U.S. MBA Mortgage Applications Index for Nov. 30 (Table) 2007-12-05 07:00 (New York)
By Terry BarrettDec. 5 (Bloomberg) — Following is a summary of U.S. mortgage activity from the Mortgage Bankers Association.

Nov 30 Nov 23 Nov 16 Nov 9 Nov 2 YoY%
—— Weekly Change (SA) —– -NSA-
Markt Index 22.5% -5.2% -3.6% 5.5% -1.6% 24.2%
Purchases 15.2% -4.9% -2.0% 4.8% 0.0% 9.5%
Refinancing 31.8% -4.9% -5.0% 6.4% -3.2% 38.8%
Fixed Rate 26.9% -3.9% -3.9% 3.9% -1.1% 4.2%
Adjust Rate -2.8% -11.9% -1.9% 15.1% -5.0% -39.7%
           
—– Contract Interest Rates —– Yr Ago
FRM 30-Yr 5.82% 6.09% 6.18% 6.19% 6.16% 5.98%
FRM 15-Yr 5.38% 5.69% 5.72% 5.76% 5.77% 5.66%
Balloon 7-Yr 5.23% 5.50% 5.35% 5.32% 5.26% 6.08%
Balloon 5-Yr 5.88% 6.28% 6.26% 6.10% 5.86% 6.58%
ARM 1Yr Tsy 6.28% 6.24% 5.97% 5.98% 5.94% 5.79%
FHA 203(b) 5.97% 6.06% 6.12% 6.21% 6.22% 6.10%
           
—– Apps (NSA)   —–  
Total            
Average Loan Size $242.0 $245.7 $244.6 $243.7 $241.6 $244.3
Number Change 51.5% -25.5% -5.2% 4.2% -2.4% 3.7%
$ Volume Change 49.2% -25.2% -4.9% 5.1% -3.5% 6.0%
Purchases            
Average Loan Size $239.0 $240.5 $234.5 $233.9 $234.0 $239.0
Number Change 37.2% -18.7% -5.5% 2.1% -1.6% -1.3%
$ Volume Change 33.9% -16.6% -5.3% 2.0% -3.6% 0.3%
Refinancings            
Average Loan Size $243.6 $251.9 $254.6 $253.3 $249.5 $249.7
Number Change 64.9% -32.3% -5.0% 6.4% -3.2% 9.2%
$ Volume Change 63.6% -33.0% -4.5% 8.0% -3.3% 12.3%
           
—– Indexes (SA) —–    
Market Index Level 791.8 646.3 681.7 707.3 670.6 681.7
Purchases 464.3 403.2 424.1 432.6 412.7 412.9
Refinancings 2761.3 2093.0 2199.9 2315.7 2176.1 2249.0
Fixed Rate 733.8 578.4 602.1 626.7 603.3 609.8
Adjust Rate 2016.6 2074.3 2533.2 2401.9 2085.9 2194.9
           
Conventional Index 1138.4 933.5 977.4 1017.0 960.0 982.2
Conventional Purchase 695.4 609.8 639.3 653.9 622.7 625.9
Conventional Refinance 3006.1 2283.3 2371.1 2503.6 2336.2 2433.2
Conventional FRMs 101.6 831.0 857.5 895.9 859.4 875.0
Conventional ARMs 2919.3 3035.1 3435.9 3602.1 3024.6 3181.8
           
Govt Index 214.0 167.4 188.7 190.8 188.0 180.7
Govt Purchas 133.9 107.9 116.4 116.4 112.7 108.5
Govt Refi 1475.9 1093.5 1304.1 1331.1 1339.8 1283.7
Govt FRMs 204.3 157.6 176.6 178.1 176.7 168.0
Govt ARMs 428.3 383.7 454.9 468.1 436.4 460.8

NOTE: March, 16 1990=100. Contract interest rates assume a 20% down payment. Average loan size is in thousands.


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