Mortgage Applications Plunge to Near Seven-Month Low | |
Anonymous Coward User ID: 705240 United States 06/17/2009 11:35 PM Report Abusive Post Report Copyright Violation | Thanks for this article OP. Interesting that mortgage aps have been going down for 4 weeks cuz it's 1) height of selling/buying season and 2) rates were darn good til last week. Also, 7 months ago is Nov. or so, traditionally worst sales of the year. Very wierd that Nov. and June are similar in terms of mortgage aps. VERY GOOD news for those of us who are waiting patiently for this damn RE bubble to burst completely! |
Mortis Ages User ID: 703913 United States 06/17/2009 11:55 PM Report Abusive Post Report Copyright Violation | Thanks for this article OP. Quoting: Anonymous Coward 705240Interesting that mortgage aps have been going down for 4 weeks cuz it's 1) height of selling/buying season and 2) rates were darn good til last week. Also, 7 months ago is Nov. or so, traditionally worst sales of the year. Very wierd that Nov. and June are similar in terms of mortgage aps. VERY GOOD news for those of us who are waiting patiently for this damn RE bubble to burst completely! |
Anonymous Coward User ID: 672702 United States 06/18/2009 12:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 705240 United States 06/18/2009 12:37 AM Report Abusive Post Report Copyright Violation | |
Mortis Ages User ID: 703913 United States 06/18/2009 12:51 AM Report Abusive Post Report Copyright Violation | are those number per day, wtf does 500+ mean? Quoting: Anonymous Coward 705240hmmm...don't know what that 515 means. Be great if it was the grand total of all US mortgage aps for the week tho. yuck yuck yuck This is an aplication Index, as all index they compare itself to a specific point in time and arbitrarily start it at 100. So for all practicle purposes they were 515% more applications last week that in 1993, (100.00) But to get things in perpective 2005 the applications were running at 2800 or 2,800% of the baseline. Hope that helps. Martis Ages Mort is for ages (Mort engage) or engange in death. |
Anonymous Coward User ID: 672702 United States 06/18/2009 12:55 AM Report Abusive Post Report Copyright Violation | are those number per day, wtf does 500+ mean? Quoting: Mortis Ages 703913hmmm...don't know what that 515 means. Be great if it was the grand total of all US mortgage aps for the week tho. yuck yuck yuck This is an aplication Index, as all index they compare itself to a specific point in time and arbitrarily start it at 100. So for all practicle purposes they were 515% more applications last week that in 1993, (100.00) But to get things in perpective 2005 the applications were running at 2800 or 2,800% of the baseline. Hope that helps. Martis Ages Mort is for ages (Mort engage) or engange in death. thanks always wondered what the base yr |
Mortis Ages User ID: 703913 United States 06/18/2009 01:04 AM Report Abusive Post Report Copyright Violation | |