Following is straight from Mortgage Bankers Association:
Posted by: in Mortgage Loans News, tags: Adjusted Basis, Application Volume, Association News, Composite Index, Excerpt, Mba, Mortgage Application, Mortgage Applications, Mortgage Bankers Association, Mortgage Loan Application, Mortgage News, News Sources, Survey, Unadjusted Basis, Week Ending April, Weekly MortgageNews Sources wrote an interesting post today on
Here’s a quick excerpt
“The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 17, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 1172.2, an increase of 5.3 percent on a seasonally adjusted basis from 1113.2 one week earlier. On an unadjusted basis, the Index increased 5.3 percent compared with the previous week and increased 76.9 percent compared with the same week one year earlier. The Refinance Index increased 7
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