U.S. mortgage applications decreased in the week ended September 26 after rising in the previous three weeks, latest survey data from the Mortgage Bankers Association showed on Wednesday.
The market composite index, which measures the house purchase mortgage loan application volume, fell a seasonally adjusted 12.7 percent from the previous week, when it rose 0.6 percent.
The refinance index slumped 21 percent and the purchase index dropped 1 percent, the MBA survey showed.
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