The Housing Chronicles Blog: Mortgage applications rise 4.2 percent, rates flat at 4.81 percent

Wednesday, August 22, 2018

Mortgage applications rise 4.2 percent, rates flat at 4.81 percent

The Market Composite Index increased 4.2 percent on a seasonally adjusted basis from one week earlier, with purchase loans rising 3.0 percent and refinance activity up 6.0 percent.  The average contract interest rate for 30-year fixed-rate mortgages remained unchanged from 4.81 percent.

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