The Market Composite Index decreased 2.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans falling 2.0 percent and refinance activity down 4.0 percent. The average contract interest rate for 30-year fixed-rate mortgages remained unchanged at 5.11 percent.
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Thursday, November 1, 2018
Mortgage applications dip 2.5 percent, rates unchanged at 5.11 percent in weekly update
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