The Housing Chronicles Blog: Market Composite Index
Showing posts with label Market Composite Index. Show all posts
Showing posts with label Market Composite Index. Show all posts

Wednesday, July 13, 2016

Mortgage applications rise 7.2 percent in latest survey as rates dip again

The Market Composite Index increased 7.2 percent on a seasonally adjusted basis from one week earlier. The Refinance Index increased 11 percent from the previous week. The seasonally adjusted Purchase Index was unchanged from one week earlier. Last year, the Fourth of July fell on the prior week.


The average contract interest rate for conforming 30-year fixed-rate mortgages decreased to its lowest level since May 2013, 3.60 percent, from 3.66 percent.

Thursday, July 7, 2016

Mortgage applications rose 14.2 percent in latest survey as rates dip to lowest level since May 2013

The Market Composite Index increased 14.2 percent from one week earlier, with refinances up 21 percent and purchase loans rising by 4 percent. The average contract interest rate for 30-year fixed-rate mortgages decreased to its lowest level since May 2013, 3.66 percent.

Thursday, June 16, 2016

Mortgage applications dip 2.4 percent in latest survey even as rates dip to lowest level since January 2015

The Market Composite Index decreased 2.4 percent on a seasonally adjusted basis from one week earlier, with refinances falling 1 percent and purchases down 5 percent. The average interest rate for 30-year fixed-rate mortgages decreased to its lowest level since January 2015, 3.79 percent.

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Friday, June 10, 2016

Mortgage applications jump 9.3 percent in latest survey as rates edge up slightly

The Market Composite Index increased 9.3 percent on a seasonally adjusted basis from one week earlier, with refinances rising 7 percent while purchase loans rose 12 percent. The average interest rate for 30-year fixed-rate mortgages fell slightly to 3.83 percent.

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Friday, May 20, 2016

Mortgage applications dip 1.6 percent in latest report as rates remain unchanged

The Market Composite Index decreased 1.6 percent on a seasonally adjusted basis from one week earlier. The average interest rate for 30-year fixed-rate mortgages remained unchanged at 3.82 percent.

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Friday, April 29, 2016

Mortgage applications fall 4.1 percent in latest survey

The Market Composite Index decreased 4.1 percent on a seasonally adjusted basis from one week earlier. The average interest rate for 30-year fixed-rate mortgages increased to 3.85 percent.

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