The Housing Chronicles Blog: Mortgage applications rise 0.9 percent in weekly report, average rates rise to 4.69 percent

Thursday, March 15, 2018

Mortgage applications rise 0.9 percent in weekly report, average rates rise to 4.69 percent

The Market Composite Index increased 0.9 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 3 percent and refinance activity falling 2 percent. The average contract interest rate for 30-year fixed-rate mortgages increased to its highest level since January 2014, 4.69 percent.

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