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Loan Modification

: Mortgage Lender Implode-o-Meter

Loan Applications Barely Budge as Mortgage Rates Hit New Low

By Implode-Explode Heavy Industries

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"The Market Composite Index, a measure of mortgage loan application volume, increased 0.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 0.4 percent compared with the previous week. The four week moving average for the seasonally adjusted Market Index is up 1.2 percent. "

Full post as published by Mortgage Lender Implode-o-Meter on August 12, 2010 (boomark / email).

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