No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
 
Welcome, Unregistered.
User Name
Password
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate General > Real Estate Daily News
Reply
   
 
Thread Tools Search this Thread Display Modes
  #1  
Old 11-02-2005, 07:41 AM
elva
Guest
 
Posts: n/a
Lightbulb Overall mortgage applications dropped last week

Overall mortgage applications dropped 4.8 percent last week on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Association's latest survey.

The seasonally adjusted purchase index decreased by 6.2 percent to 437.6 from 466.4 the previous week, whereas the refinance index decreased by 2.8 percent to 1,862.8 from 1,916.8 one week earlier.

"The seasonally adjusted purchase index is down 7.6 percent since last month. This decline is consistent with our expectations of a softening from the record level of new-home sales during the first three quarters of 2005," said Doug Duncan, chief economist for the Mortgage Bankers Association.

Read more:
http://www.inman.com/inmannews.aspx?ID=48644
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -8. The time now is 04:06 AM.


Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.