WASHINGTON, Oct. 5 (Xinhua) -- The U.S. mortgage applications fell slightly last week after rising in a week earlier, according to the latest survey released Wednesday by the U.S. Mortgage Bankers Association (MBA). The MBA said in its Weekly Mortgage Applications Survey that the Market Composite Index of U.S. mortgage applications, a measure of mortgage loan application volume, decreased 4.3 percent in the week ending September 30, 2011 on a seasonally adjusted basis from the previous week. The Refinance Index decreased 5.2 percent from the previous week, and the seasonally adjusted Purchase Index declined 0.8 percent. However, the four week moving average for the seasonally adjusted Market Index continued to rise, up 2.44 percent from the previous week. The four week moving average rose 3.24 percent for the seasonally adjusted Refinance Index, while this average decreased 0.33 percent for the Purchase Index, according to the survey. In addition, the association said that the average contract interest rate for 30-year fixed-rate mortgages last week decreased to 4.05 percent from 4.06 percent, while the average contract interest rate for 15-year fixed-rate mortgages increased to 3.49 percent from 3.46 percent. The survey covers over 75 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrift banks.U s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water SoftenerU s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water SoftenerU s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water SoftenerU s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water SoftenerU s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water SoftenerU s mortgage applications down 4 3 percent - Sectional Water Tanks - Commercial Water Softener The e-commerce company in China offers quality products such as Sectional Water Tanks , Commercial Water Softener, and more. For more , please visit Stainless Steel Filter Housing today!
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