Mumbai, July 30 -- Mortgage applications in the United States observed a weekly decrease of 6.4% in the week ending July 24, the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey published on Wednesday showed.
The report showed that the average contract interest rate for 30-year fixed-rate mortgages increased to 6.76% from 6.69% a week prior.
Published by HT Digital Content Services with permission from Capital Market....