WASHINGTON — Mortgage applications in the week ended Sept. 22 fell 2.3% on a seasonally adjusted basis from the previous week, the Mortgage Bankers Association reported.

On an unadjusted basis, the application index fell 2.8% from the week before and rose 17.5% from the same week last year.

The housing-demand index dropped 3.41% from the previous week, to 307.9, and its seasonally adjusted refinance index increased 2.4%, to 451.3. The conventional-loan application index fell 1.68%, to 407.7, and the government-loan application index fell 4.45%, to 197.3.

Refinances represented 20.7% of loan applications, an increase of one percentage point. Adjustable-rate mortgage applications represented 16.6%, up 1.7 percentage points.

The average interest rate for 30-year fixed-rate mortgages dipped 7 basis points, to 7.83%. The average rate for one-year adjustable mortgages fell 13 basis points, to 7.44%.

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