The Market Composite Index increased 2.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans rising 7.0 percent but refinance activity falling 4.0 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.76 percent.
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Thursday, July 12, 2018
Mortgage applications up 2.5 percent in weekly survey due to purchase loans, refinances dip
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