- Prior -10.3%
- Market index 186.7 vs 184.5 prior
- Purchase index 159.4 vs 160.2 prior
- Refinance index 326.7 vs 310.9 prior
- 30-year mortgage rate 6.42% vs 6.58% prior
The lift in mortgage activity in the past week is fairly tepid, especially after the sharp drop in the final week of last year. The purchase index also actually indicates a decline with activity only improving in refinancing. That comes despite a further decline in rates as seen to start the new year.
