The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (7661)	2/11/2004 11:06:38 AM
From: ild	Read Replies (1) of 110194

The Mortgage Bankers Association said Wednesday its measure of mortgage activity for the week ending Feb. 6 decreased by 6.8 percent to 797.8 on a seasonally adjusted basis from 855.7 one week earlier. The group's purchase index fell 9.4 percent, to 402.2 from 444 the previous week. The refinance index decreased by 4.7 percent to 3099.1 from 3250.6 one week earlier. The average contract interest rate for 30-year fixed-rate mortgages decreased to 5.60 percent from 5.63 percent one week earlier.

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