The Housing Chronicles Blog: Mortgage applications fall 6.2 percent in latest survey, rates remain unchanged

Thursday, June 29, 2017

Mortgage applications fall 6.2 percent in latest survey, rates remain unchanged

The Market Composite Index decreased 6.2 percent on a seasonally adjusted basis from one week earlier, with purchase loans down 4 percent and refinances falling 9 percent. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) remained unchanged at 4.13 percent.

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