U.S. mortgage applications fall, rates mixed: MBA

[October 31, 2018]  NEW YORK (Reuters) - U.S. consumers filed fewer loan applications to buy a home and to refinance one, while home borrowing costs were mixed with 30-year mortgage rates unchanged on the week, the Mortgage Bankers Association said on Wednesday.

The Washington-based industry group said its seasonally adjusted index on mortgage requests fell 2.5 percent to 329.5 in the week ended Oct. 26. It hit 322.1 two weeks earlier, which was the weakest reading since Dec. 26, 2014.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

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