The Housing Chronicles Blog: Mortgage applications dip 1.1 percent in latest survey, but purchase loans alone up 1.0 percent

Thursday, March 22, 2018

Mortgage applications dip 1.1 percent in latest survey, but purchase loans alone up 1.0 percent

The Market Composite Index decreased 1.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 1.0 percent and refinances falling by 5.0 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.68 percent.

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