- Prior +12.0%
- Market index 567.7 vs 617.8 prior
- Purchase index 282.3 vs 312.2 prior
- Refinancing index 2,183.5 vs 2,355.4 prior
- 30-year mortgage rate 3.83% vs 3.78% prior
Higher rates starting to be an issue for the housing market? That's a sharp drop in mortgage activity as the 30-year rate climbs to its highest since January 2020. That sees a steep drop in purchase activity and some moderation in refinancing activity as well following the surge in the prior week.
