Prior +15.6%Market index 210.4 vs 208.5 priorPurchase index 146.0 vs 143.7 priorRefinance index 552.7 vs 554.7 prior30-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.
