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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (567255)5/20/2010 2:58:15 PM
From: Jim McMannis  Read Replies (2) of 1577889
 
Obama Obama Obama?

Mortgage Applications Plummet To 13-Year Low As Tax Cuts Expire


Calculated Risk | May. 19, 2010, 7:49 AM | 4,477 | 11
The MBA reports: Mortgage Purchase Applications Plummet While Refinance Applications Increase in Latest MBA Weekly Survey

The Market Composite Index, a measure of mortgage loan application volume, decreased 1.5 percent on a seasonally adjusted basis from one week earlier....

The Refinance Index increased 14.5 percent from the previous week and the seasonally adjusted Purchase Index decreased 27.1 percent from one week earlier. This is the lowest Purchase Index observed in the survey since May of 1997. ...

Read more: businessinsider.com
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