| Feb 29, 2012 9:35AM Applications for purchase mortgages jumped during the week ended February 24, but the Mortgage Bankers Association's (MBA) Market Composite Index still finished the week down slightly from the week before. The index, derived from the MBA's Weekly Mortgage Application Survey decreased 0.3 percent from the previous week on a seasonally adjusted basis and 9.4 percent unadjusted. The week's results are also adjusted for the Presidents Day holiday. The Purchase Index increased 8.2 percent on a seasonally... Feb 29, 2012 4:33PM The original formulators of the S&P/Case-Shiller Housing Price Indices held a press conference on Tuesday to discuss the state of the housing market . The two, Robert Shiller, Professor of Economics, Yale University and Karl Case, Professor of Economics Emeritus, Wellesley College, were generally up-beat about the industry in the conference which coincided with the release of the monthly and quarterly national and city-based indices. Shiller said that a survey he has conducted for years asks...
 | 
