Prior +1.7%Market index 208.0 vs 195.6 priorPurchase index 152.9 vs 136.0 priorRefinance index 501.7 vs 514.9 prior30-year mortgage rate 6.86% vs 6.90% prior
Mortgage applications jumped in the past week, owing to a surge in purchase activity. That more than offset a decline in refinancing activity, with the average rate continuing to hold higher still.
This article was written by Justin Low at www.forexlive.com.
