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Daily market update: Nov. 13, 2015

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

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Tell us about mobile technology in your business for a chance to win an iPhone 6s. Take our survey! We'll add more market news briefs throughout the day. Check back to read the latest. Mortgage Bankers Association's Builder Application Survey for October 2015: Mortgage applications for new-home purchases decreased 8 percent month-over-month. Conventional loans comprised 67.2 percent of loan applications; FHA loans, 19.2 percent. The average loan size for new homes decreased to $320,881 from $324,884 in September. Mortgage rates: [graphiq id="b2w6fmfIyNL" title="30-Year Fixed Rate Mortgage Rates for the Past 6 Months" width="600" height="400" url="https://w.graphiq.com/w/b2w6fmfIyNL" link="http://mortgage-lenders.credio.com" link_text="30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio"] [graphiq id="2NvK9Bl9HIF" title="15-Year Fixed Rate Mortgage Rates for the Past 6 Months" width="600" height="400" url="https://w.graphiq.com/w/2NvK9Bl9HIF" li...