The National Association of Home Builders reported an uptick in its Housing Market Index on Tuesday. Today, however, the Mortgage Bankers Association reported a sharp drop in mortgage applications. This report examines what this data means to the big picture. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.
This is an update of the report published 2/10/08.