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Message Subject
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Mortgage Applications Plunge to Near Seven-Month Low
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Poster Handle
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Mortis Ages |
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are those number per day, wtf does 500+ mean?
hmmm...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
Quoting: Anonymous Coward 705240This 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.
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