Wednesday, June 14, 2006

MBAA.org - "Mortgage Applications Increase by 7 Percent in Latest Survey" (6-14-06)

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The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 9. The Market Composite Index, a measure of mortgage loan application volume, was 571.9, an increase of 7 percent on a seasonally adjusted basis from 534.4 one week earlier. On an unadjusted basis, the Index increased 17.9 percent compared with the previous week but was down 34.3 percent compared with the same week one year earlier."

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