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



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.