Tuesday, December 19, 2006

Home Loan Applications UP!

The Mortgage Bankers Association reports that for the week ending December 8th, "The Market Composite Index, a measure of mortgage loan application volume, was 721.2, an increase of 11.4 percent on a seasonally adjusted basis from 647.6 one week earlier." And, refinance loan applications also increased, reaching "...its highest level since April 2004".

To read more: Home Loan Applications as of December 8, 2006

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