Mortgage applications for the week ending September 3, 2008 on a seasonally adjusted based are up 7.5 percent according the Mortgage Bankers Association putting the weekly index number at 453.1.
Mortgage Applications Weekly Data
As expected the weekly mortgage applications data is skewed heavily in favor of more purchase mortgages than refinance mortgages. Refinance activity was [...]

Home values are the biggest indicator as to when we can say the foreclosure crisis and mortgage crunch will soon be over. Once home values stabilize lenders, investors, and home owners can all breathe a collective sigh of relief…and that day may soon be here!
The Case/Shiller Index of home values can show us some [...]