Atlanta Georgia real Estate News
Home purchase mortgage applications increase hitting 7 month high
By Dennis Norman, on December 8th, 2010
According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 3, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.8 percent from the week before. The four-week moving average of home purchase mortgage applications is up 2.8 percent for the period. This marks the highest level the seasonally adjusted purchase index has been since the beginning of May 2010.
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Thursday, December 9, 2010
Posted by The Mark Spain Team at 3:21 AM
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