The Housing Chronicles Blog: Mortgage applications rise 4.1 percent, rates rise by 10 basis points

Wednesday, January 17, 2018

Mortgage applications rise 4.1 percent, rates rise by 10 basis points

The Market Composite Index increased 4.1 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 3.0 percent and refinance activity rising 4.0 percent. The average contract interest rate for 30-year fixed-rate mortgages increased to its highest level since March 2017, 4.33 percent.

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