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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: nextrade! who wrote (5278)	9/12/2002 10:00:19 PM
From: nextrade!	Respond to of 306849

Mortgage application index at 10-year high rockymountainnews.com An index measuring applications for U.S. mortgages rose last week to the highest level in more than a decade of record-keeping as home purchases and refinancing surged. The Mortgage Bankers Association of America's mortgage applications index jumped 16.9 percent to a record 1,238.2 for the week that ended Friday, from 1,059.5 in the previous week. The mortgage bankers group's refinancing index increased 19 percent to a 6,104.3, the highest since the MBA began keeping mortgage statistics in March 1990.