The Housing Chronicles Blog: Mortgage applications dip 2.4 percent in latest survey even as rates dip to lowest level since January 2015

Thursday, June 16, 2016

Mortgage applications dip 2.4 percent in latest survey even as rates dip to lowest level since January 2015

The Market Composite Index decreased 2.4 percent on a seasonally adjusted basis from one week earlier, with refinances falling 1 percent and purchases down 5 percent. The average interest rate for 30-year fixed-rate mortgages decreased to its lowest level since January 2015, 3.79 percent.

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