The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders. This is a leading indicator for single-family home sales and housing construction. Why Investors Care
| Released on 2/13/08 For wk 2/8 2008 | ||||||||
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Highlights
MBA's purchase index slipped 0.3 percent in the Feb. 8 week to 403.9. The refinancing index slipped 3.0 percent to 4,901.5.
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