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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (4012)	2/21/2002 3:04:38 PM
From: Ahda	Respond to of 24758

MBA’s weekly mortgage survey Loan applications drop despite lower interest rates Wednesday, February 20, 2002 Inman News Features The market composite index of mortgage loan applications, a seasonally adjusted measure of loan purchases and refinances, decreased 8.8 percent for the week ended Feb. 15 to 530.5 from 581.7 the previous week, according to the Mortgage Bankers Association of America’s weekly survey. The seasonally adjusted Purchase Index decreased to 290.2 from 314.7 the previous week. The seasonally adjusted Refinance Index decreased to 1927.9 from 2134.9 the previous week. Refinancing activity represented 51.5 percent of total applications, decreasing from 53.1 percent the previous week.