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Real Estate & Property Law

: Housing Wire

?Holiday Effect? Causes Double-Digit Mortgage Application Decline

By AUSTIN KILGORE

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As 2009 winds down, mortgage applications took a double-digit slide in two weekly surveys. The Mortgage Bankers Association (MBA) index of gross mortgage applications declined 10.7% on a seasonally adjusted basis for the week ending December 18 compared to the previous week. The Mortgage Maxx index that?s adjusted to reflect the number of households applying for mortgages [...]

Full post as published by Housing Wire on December 23, 2009 (boomark / email).

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