- Prior +3.7%
- Market index 205.1 vs 210.0 prior
- Purchase index 149.6 vs 153.5 prior
- Refinance index 489.6 vs 500.2 prior
- 30-year mortgage rate 6.87% vs 6.80% prior
Mortgage applications dropped in the past week owing to both a decline in purchase and refinancing activity. With rates set to push higher again this week, the lid is being kept on any optimism in the housing market for now.
