The Housing Chronicles Blog: Mortgage loan applications dip 0.5 percent in most recent survey

Thursday, August 24, 2017

Mortgage loan applications dip 0.5 percent in most recent survey

The Market Composite Index decreased 0.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans falling 2.0 percent and refinance activity rising 0.3 percent. The average contract interest rate for 30-year fixed-rate mortgages remained unchanged from the week prior at 4.12 percent.

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