The Housing Chronicles Blog: Mortgage applications rise 4.1 percent in latest survey, rates dip 9 basis points

Wednesday, June 6, 2018

Mortgage applications rise 4.1 percent in latest survey, rates dip 9 basis points

The Market Composite Index increased 4.1 percent on a seasonally adjusted basis from one week earlier, with both purchase loans and refinances up 4.0 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.75 percent.

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