House loan applications are steady
The Mortgage Bankers Association (MBA) reports on mortgage applications for the week ending June 18. Essentially, the indicators were steady as the MBA reports: "The MBA seasonally adjusted Purchase Index increased by 1.1 percent to 454.5 from 449.5 the previous week. The seasonally adjusted Refinance Index decreased by 1.7 percent to 1454.6 from 1479.4 one week earlier."
To read the entire press release, please go here.