The Housing Chronicles Blog: Mortgage applications rise 4.5 percent even as rates rebound

Thursday, January 25, 2018

Mortgage applications rise 4.5 percent even as rates rebound

The Market Composite Index increased 4.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 6.0 percent and refinances up 1.0 percent.  The average contract interest rate for 30-year fixed-rate mortgages with increased to its highest level since March 2017, 4.36 percent.

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