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mortgage applications

U.S. MBA Mortgage Applications Index Increased 21% Last Week - Bloomberg.com

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Feb. 3 (Bloomberg) -- The number of mortgage applications in the U.S. rose 21 percent last week to the highest level in more than a month as refinancing rebounded. The gain in purchase applications may be the first sign a renewed and expanded government tax credit is stirring demand after
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Dollar up despite cautious mood

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At 5pm (AEDT), the Australian dollar was trading at $US0.8871, up from yesterday's close of $US0.88. From 7am (AEDT), the local unit had traded between $US0.8883 and $US0.8829. 4Cast financial markets economist Michael Turner said the unit was lifted off its intra day lows in line
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$A closes higher as equities lift

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AAP The Australian dollar closed slightly higher on Wednesday, as risk appetite made a cautious come-back after the central bank's shock decision to hold the cash rate steady. At 1700 AEDT, the Australian dollar was trading at $US0.8871/74, up from Tuesday's close of
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