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Daily market update: Oct. 7, 2015

Our daily summary of market news, updated regularly with new tidbits

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We'll add more market news briefs throughout the day. Check back to read the latest. Mortgage Bankers Association's weekly applications survey: The Market Composite Index, which measures mortgage loan application volume, increased 25.5 percent week-over-week on a seasonally adjusted basis. (It increased 26 percent on an unadjusted basis.) The Refinance Index increased 24 percent week-over-week. The seasonally adjusted Purchase Index increased 27 percent week-over-week. Fannie Mae's Home Purchase Sentiment Index: The index increased to 3 points to 83.8 in September. The share of respondents who said it is a good time to buy a house increased 1 percentage point to 64 percent. The share of respondents who say it is a good time to sell increased 5 percentage points to 52 percent. Weekly mortgage rates: Powered by MortgageCalculator.org Powered by MortgageCalculator.org Yesterday's market news: The Mortgage Credit Availability Index (MC...