The Market Composite Index decreased 0.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans rising four percent but refinances falling five percent. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 4.23 percent.
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Thursday, May 4, 2017
Mortgage loan applications slip 0.1 percent in latest survey as rates rise slightly
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