Mortgage applications slowing down

Posted by & filed under Stockton Real Estate.

Yesterday, the Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending June 26, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 444.8, a decrease of 18.9 percent on a seasonally adjusted basis from 548.2 one week earlier. On an unadjusted basis, the Index decreased 18.5 percent […]