The Housing Chronicles Blog: Mortgage applications rise 0.1 percent in weekly survey, rates dip

Thursday, August 17, 2017

Mortgage applications rise 0.1 percent in weekly survey, rates dip

The Market Composite Index increased 0.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans down 2 percent and refinances rising 2 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to its lowest level since November 2016, 4.12 percent.

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