Thursday, February 10, 2005

Mortgage Bankers Association (MBA) reports that loan applications are up!

The Mortgage Bankers Association (MBA) reports that for the week ending February 4,
"the Market Composite Index - a measure of mortgage loan application volume - was 735.9, an increase of 4.2 percent on a seasonally adjusted basis from 706.4 one week earlier. On an unadjusted basis, the Index increased 7.5 percent compared with last week but was down 8.7 percent compared with the same week one year earlier. "

To read more, go here.

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