The Housing Chronicles Blog: Mortgage applications rise three percent in latest survey as rates dip

Thursday, August 10, 2017

Mortgage applications rise three percent in latest survey as rates dip

The Market Composite Index increased 3.0 percent on a seasonally adjusted basis from one week earlier, with purchase loans up one percent and refinances rising five percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.14 percent from 4.17 percent.

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