The Housing Chronicles Blog: Mortgage applications jump 9.3 percent in latest survey as rates edge up slightly

Friday, June 10, 2016

Mortgage applications jump 9.3 percent in latest survey as rates edge up slightly

The Market Composite Index increased 9.3 percent on a seasonally adjusted basis from one week earlier, with refinances rising 7 percent while purchase loans rose 12 percent. The average interest rate for 30-year fixed-rate mortgages fell slightly to 3.83 percent.

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