Thursday, September 16, 2004

Mortgage volume down slightly

The Mortgage Bankers Association (MBA) reports that "The Market Composite Index of mortgage loan applications - a measure of mortgage loan applications - was 678.2, a decrease of 2.0 percent on a seasonally adjusted basis from 692.0 one week earlier." The was for the week that included Labor Day, ending September 10, so there was one less business day.

To read the online article, go here.

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