Free Markets, Free People

Economic Statistics for 7 Oct 15

The MBA reports that mortgage applications rose 25.5% last week, with purchases up 27% and refis 24.0%. This huge jump is the result of new disclosure rules, under the TILA-RESPA regulatory change.

The Gallup U.S. Job Creation Index was unchanged in September at 32.

Consumer credit rose $16.0 billion in August, with revolving credit up $4.0 billion.


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