The Housing Chronicles Blog: Mortgage applications rise 0.3 percent due to refinances, rates edge up to 4.65 percent

Wednesday, March 7, 2018

Mortgage applications rise 0.3 percent due to refinances, rates edge up to 4.65 percent

The Market Composite Index increased 0.3 percent on a seasonally adjusted basis from one week earlier, with purchase loans falling 1.0 percent and refinances rising 2.0 percent. The average contract interest rate for 30-year fixed-rate mortgages increased to its highest level since January 2014, 4.65 percent.

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