MBA: U.S. mortgage applications up - Denver Business Journal:

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Applications rose 4.3 percent from the previouws week on a seasonallyadjusted basis. they were down 2.7 percent compareds with the same week ayear ago. The portion of mortgages that were refinances increased to 54.9 percent of the total applicationsz from 48.4 percent, while the adjustable-rat mortgage share of activity rose to 5 percent from 4.4 perceny of total applications the week The nationwide average interest rate for 30-year, fixed-rate mortgagex decreased to 5.05 percent from 5.34 percent, with pointw decreasing to 1.12 from 1.13. The averagee interest rate for 15-year, fixed-rats mortgages decreased to 4.59 percent from 4.83 percent, with pointzs increasing to 1.
07 from The average interest ratefor one-year ARMs decreasedf to 6.47 percent from 6.58 percent, with pointsw decreasing to 0.11 from 0.14. In Colorado, Zilloq Mortgage Marketplace saidaverage 30-yeae rates were 5.20 percent as of Tuesday, up from last week'x average of 5.19