Mortgage applications rise 1.5 percent, as interest rates fall to 2017 low


Mortgage applications rise 1.5 percent, as interest rates fall to 2017 low

The 30-year fixed-rate mortgage averaged 4.08%, down 2 basis points during the week. The 15-year fixed-rate mortgage averaged 3.34%, down from 3.36%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.18%, down one basis point.