The Housing Chronicles Blog: Mortgage applications rebound 5.5 percent as fixed rates slip four basis points

Wednesday, November 28, 2018

Mortgage applications rebound 5.5 percent as fixed rates slip four basis points

The Market Composite Index increased 5.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 9.0 percent and refinance activity up 1.0 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to 5.12 percent from 5.16 percent.

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