Thursday, August 05, 2004

Mortgage Bankers Association reports on loan applications

The Mortgage Bankers Association (MBA) reports for the week ending July 30, "The Market Composite Index of mortgage loan applications - a measure of mortgage loan applications - was 620.4, a decrease of 0.2 percent on a seasonally adjusted basis from 621.4 one week earlier. On an unadjusted basis, the Index decreased by 0.3 percent compared with last week and was down 35.6 percent compared with the same week one year earlier."

The full press release is here.

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