On a seasonally adjusted basis, the pace of mortgage loan activity fell 4.5 percent for the week ending Nov. 20, according to the Mortgage Bankers Association. Rates for 30-year loans decreased to 4.82 percent from 4.83 percent the previous week. Fifteen-year mortgages were unchanged at 4.32 percent.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.