The Housing Chronicles Blog: Mortgage applications decline by nearly five percent in weekly survey

Thursday, June 28, 2018

Mortgage applications decline by nearly five percent in weekly survey

The Market Composite Index decreased 4.9 percent on a seasonally adjusted basis from one week earlier, with refinances falling 4.0 percent and purchase loans down 6.0 percent. The average contract interest rate for 30-year fixed-rate mortgages increased to 4.84 percent from 4.83 percent.

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