Mortgage Application Index Drops 9.8%
According to the Mortgage Bankers Association’s index, mortgage applications dropped 9.8% to 1,195.3 for the week ending with January 16th. This comes after reaching the higest level in more than 5 years in the previous week.
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Posted by Ryan Fiore on Jan 22 2009 under Federal Reserve, Mortgage Applications, Yield Spread Premiums

