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PulteGroup, Inc. Message Board

  • metal416 metal416 Mar 23, 2005 6:34 PM Flag

    mortgage app's tanking for new homes

    The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 18. The Market Composite Index - a measure of mortgage loan application volume - was 658.8, an decrease of 9.5 percent on a seasonally adjusted basis from 727.6 one week earlier. On an unadjusted basis, the Index decreased 9.2 percent compared with last week but was down 39.3 percent compared with the same week one year earlier.

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