*SCALPSWINGSTRADDLE*

[Zephyr]

MBA Purchase Applications
Released On 6/11/2014 7:00:00 AM For wk6/6, 2014
Prior Actual
Composite Index - W/W Change -3.1 % 10.3 %
Purchase Index - W/W Change -4.0 % 9.0 %
Refinance Index - W/W Change -3.0 % 11.0 %
Highlights
Demand for both purchase and refinancing applications, which had been soft in prior weeks, surged in the June 6 week, up 9.0 percent and 11.0 percent respectively. The average 30-year rate for conforming loan balances ($417,500 or higher) moved up from recent lows, jumping 8 basis points in the week to 4.34 percent.