Application activity increases on a slight decline in rates

The adjustable-rate mortgage (ARM) share of activity decreased to 7.8 percent of total applications. The FHA share of total applications remained unchanged from 10.5 percent the week prior. The VA share of total applications decreased to 10.0 percent from 10.7 percent the week prior.

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The market composite index – a measure of total loan application volume – increased 4.7 percent. The refinance index jumped 9 percent, while the purchase index rose 2 percent. The refinance share of.

The market experienced an increase in the Refinance share of mortgage activity from 38.7 percent of total applications during the previous week to 38.9 percent. There was a decrease to 6.1 percent of total applications in the adjustable rate mortgage (ARM) share of activity.

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The market experienced an increase in the Refinance share of mortgage activity from 38.7 percent of total applications during the previous week to 38.9 percent. There was a decrease to 6.1 percent of total applications in the adjustable rate mortgage (ARM) share of activity.

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The Market Composite Index, a measure of mortgage loan application. share of mortgage activity decreased to 65 percent of total applications from 66 percent the previous week. The adjustable-rate.

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The slight falloff in application volume accompanied a similarly small increase in mortgage rates. The average interest rate for a 30-year fixed-rate mortgage last week was 4.48 percent, up from 4.

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