(Reuters) - The Mortgage Bankers Association said its seasonally
adjusted index of mortgage applications, widely considered a
timely gauge of U.S. home sales, for the week ended July 20
decreased 3.6 percent to 609.0, the lowest level since the week
ended February 16 when it stood at 606.6.
The four-week moving average of mortgage applications,
which smooths the volatile weekly figures, was down 0.4 percent
at 621.6.
Read more at Reuters.com Bonds News
adjusted index of mortgage applications, widely considered a
timely gauge of U.S. home sales, for the week ended July 20
decreased 3.6 percent to 609.0, the lowest level since the week
ended February 16 when it stood at 606.6.
The four-week moving average of mortgage applications,
which smooths the volatile weekly figures, was down 0.4 percent
at 621.6.
Read more at Reuters.com Bonds News
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