Reading Rates: Parsing the Weekly MBA Application Survey (October 7, 2009)
{ Posted on oct 08 2009 by Seeker }
Sold At The Top submits: The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residential mortgage originations and tracks the average interest rate for 30 year and 15 year fixed rate mortgages, 1 year ARMs as well as application volume for both purchase and refinance applications. The purchase application index has been highlighted as a particularly important data series as it very broadly captures the demand
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