MBAA.org - "Mortgage Applications Fall in Latest Survey" (11-29-06)

"Overall mortgage applications last week fell 3.9 percent on a seasonally adjusted basis from the week before, taken lower by a significant decline in refinancings, according to the Mortgage Bankers Association's latest survey."

"The seasonally adjusted refinance index decreased by 9.6 percent to 1,749.6 from 1,935.3 the previous week, while the purchase index increased by 1.3 percent to 406.7 from 401.4 one week earlier."