Thursday, September 23, 2004

Mortgage Bankers Association (MBA) reports on loan applications

For the week ending September 17, the MBA reports that loan applications are up slightly.

"The Market Composite Index of mortgage loan applications - a measure of mortgage loan applications - was 690.7, an increase of 1.8 percent on a seasonally adjusted basis from 678.2 one week earlier. On an unadjusted basis, the Index increased by 26.4 percent compared with last week but was down 1.5 percent compared with the same week one year earlier."

To read more, go here.

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