The Market Composite Index decreased 2.6 percent on a
seasonally adjusted basis from one week earlier, with both purchase loans and
refinances falling 3.0 percent. The average contract interest rate for 30-year
fixed-rate mortgages increased to its highest level since March 2017, 4.41
percent.
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Thursday, February 1, 2018
Mortgage applications fall 2.6 percent as rates continue to rise
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