The Market Composite Index increased 1.4 percent on a seasonally adjusted basis from one week earlier, with purchase loans rising 3 percent and refinances falling 0.4 percent. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to its highest level since May 2017, 4.20 percent.
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Thursday, July 6, 2017
Mortgage loan applications rise 1.4 percent in latest survey
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