The Housing Chronicles Blog: Mortgage loan applications dip 0.4 percent in latest survey, rates rise slightly

Thursday, October 5, 2017

Mortgage loan applications dip 0.4 percent in latest survey, rates rise slightly

The Market Composite Index decreased 0.4 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 1 percent and refinances down 2 percent. The average contract interest rate for 30-year fixed-rate mortgages increased to 4.12 percent.

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