Sunday, November 07, 2004

Mortgage Bankers Association reports increase in loan applications

The Mortgage Bankers Association reports for the week ending October 29, "The Market Composite Index of mortgage loan applications - a measure of mortgage loan applications - was 761.7, an increase of 8.2 percent on a seasonally adjusted basis from 703.9 one week earlier. On an unadjusted basis, the Index increased 7.5 percent compared with last week and was up 11.0 percent compared with the same week one year earlier."

To view the entire online press release, go here.

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