Sunday, July 09, 2006

Mortgage Applications Increase

The Mortgage Bankers Association reports that for the week ending June 30, "The Market Composite Index, a measure of mortgage loan application volume, was 561.0, an increase of 5.9 percent on a seasonally adjusted basis from 529.6 one week earlier. On an unadjusted basis, the Index increased 5.9 percent compared with the previous week but was down 33.3 percent compared with the same week one year earlier."

To read more: June 30, 2006 Mortgage Bankers Association report

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