The Housing Chronicles Blog: Mortgage applications fall 3.1 percent in latest survey; rates flat

Thursday, November 30, 2017

Mortgage applications fall 3.1 percent in latest survey; rates flat

The Market Composite Index decreased 3.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans down two percent and refinances falling eight percent. The average contract interest rate for 30-year fixed-rate mortgages remained unchanged from the week prior at 4.20 percent.

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