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Non-Tech : Banks--- Betting on the recovery
WFC 86.12+0.1%Nov 10 3:59 PM EST

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From: tejek4/21/2010 3:21:24 PM
   of 1428
 
Mortgage Applications Jump 13.6% in Apr. 16 Week

4/21/2010 9:17 AM EDT

The Mortgage Bankers Association (MBA) said the Market Composite Index of its Weekly Applications Survey, a measure of mortgage loan application volume, increased 13.6% on a seasonally adjusted basis in the week to Apr. 16 from a week earlier. On an unadjusted basis, the Index increased 13.9% from the previous week.

The Refinance Index increased 15.8% from the previous week and the seasonally adjusted Purchase Index increased 10.1%% from a week earlier. The unadjusted Purchase Index increased 11.0% compared with the previous week and was 5.2% lower than the same week a year ago.
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