Mortgage Refi Apps Dip, Purchase Apps Creep Up

A modest rise in applications for home-purchase financing was more than offset by small decline in applications to refinance home loans.

On a seasonally adjusted basis, the Market Composite Index for the week ended Sept. 23 slipped less than 1 percent from a week earlier.

Even without making any adjustments for seasonal factors, the index still moved down 1 percent compared to the previous week’s report.

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From:: Financing