December 12, 2007
MBA Says Home Loan Apps. Up
By Matthew L. Brown
The Mortgage Bankers Association said its mortgage applications survey for the week ended Dec. 7 showed a market composite index of 811.8, an increase of 2.5 percent compared to the previous week.
On an unadjusted basis, the index increased 1.4 percent compared with the previous week and was up 14.2 percent compared with the same week one year earlier.
The MBA's survey covers about 50 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990.
On an unadjusted basis, the index increased 1.4 percent compared with the previous week and was up 14.2 percent compared with the same week one year earlier.
The MBA's survey covers about 50 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990.
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