FREE MORTGAGE NEWS 4U.COM by Brenda Jarvis

November 13, 2008

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 7, 2008.  The Market Composite Index, a measure of mortgage loan application volume, was 425.0, an increase of 11.9 percent on a seasonally adjusted basis from 379.9 one week earlier.  On an unadjusted basis, the Index increased 10.5 percent compared with the previous week and was down 40.0 percent compared with the same week one year earlier. The Refinance Index Read Full Article

November 1, 2008

 The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 24, 2008.  The Market Composite Index, a measure of mortgage loan application volume, was 476.7, an increase of 16.8 percent on a seasonally adjusted basis from 408.1 one week earlier.  On an unadjusted basis, the Index increased 29.6 percent compared with the previous week and was down 30.0 percent compared with the same week one year earlier. The Refinance Index Read Full Article

October 22, 2008

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 17, 2008. This week’s results include an adjustment to account for the Columbus Day holiday. The Market Composite Index, a measure of mortgage loan application volume, was 408.1, a decrease of 16.6 percent on a seasonally adjusted basis from 489.3 one week earlier. On an unadjusted basis, the Index decreased 25 percent compared with the previous week and was down 44 Read Full Article