Wednesday, August 24, 2011

MBA: Mortgage Purchase Activity at Lowest Level Since 1996

"The MBA reports: Mortgage Applications Decrease with Purchase Index at Lowest Level Since 1996
The Refinance Index decreased 1.7 percent from the previous week. The seasonally adjusted Purchase Index decreased 5.7 percent from one week earlier and is at the lowest level in the survey since December 1996..."

at  http://www.calculatedriskblog.com/2011/08/mba-mortgage-purchase-activity-at.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29

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