The Housing Chronicles Blog: Mortgage applications dip 2.6 percent even as rates edge down to lowest level since May 2013

Thursday, June 30, 2016

Mortgage applications dip 2.6 percent even as rates edge down to lowest level since May 2013

The Market Composite Index decreased 2.6 percent on a seasonally adjusted basis from one week earlier.  The average contract interest rate for 30-year fixed-rate mortgages fell to its lowest level since May 2013, 3.75 percent.

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