National Mortgage Application Up in Weekly Measure
October 29, 2008 11:39am
Adam Pasquale
The Market Composite Index, a measure of mortgage loan application volume compilied by the Mortgage Bankers Association, rose nearly 17 percent last week on seasonally adjusted basis.
The Index rose to 476.7 from 408.1 in the week prior. On an anadjusted basis, the Index increased 29.6 percent compared with the previous week, but was down 30 percent with the same week one year earlier.
Wednesday, October 29, 2008
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