- Prior +15.6%
- Market index 210.4 vs 208.5 prior
- Purchase index 146.0 vs 143.7 prior
- Refinance index 552.7 vs 554.7 prior
- 30-year mortgage rate 6.94% vs 7.02% prior
Mortgage applications nudged a little higher in the past week, helped by a further jump in purchase activity. That is offset by a decline in refinancing activity, following the surge higher in that space in the week before. Here’s the trend in the market index:
This article was written by Justin Low at www.forexlive.com.
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