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Mortgage applications dip 2.3 percent in weekly survey

Tags: mortgage

The Market Composite Index decreased 2.3 percent on a seasonally adjusted basis from one week earlier, with purchase loans down 1 percent and refinancing down 3 percent.  The average contract interest rate for 30-year fixed-rate mortgages increased to 4.20 percent.

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This post first appeared on The Housing Chronicles, please read the originial post: here

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Mortgage applications dip 2.3 percent in weekly survey

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