The Housing Chronicles Blog: Mortgage applications fall 0.4 percent, rates dip slightly

Friday, May 11, 2018

Mortgage applications fall 0.4 percent, rates dip slightly

The Market Composite Index decreased 0.4 percent on a seasonally adjusted basis from one week earlier, with purchase loans down 0.2 percent and refinances falling 1.0 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.78 percent.

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