The Housing Chronicles Blog: Mortgage loan applications rise 2.9 percent in latest survey as rates fall to lowest level since May 2013

Thursday, June 23, 2016

Mortgage loan applications rise 2.9 percent in latest survey as rates fall to lowest level since May 2013

The Market Composite Index increased 2.9 percent on a seasonally adjusted basis from one week earlier, with refinances rising 7 percent and purchase loans falling 2 percent. The average interest rate for 30-year fixed-rate mortgages decreased to its lowest level since May 2013.

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