- Prior +0.3%
- Market index 181.1 vs 176.1 prior
- Purchase index 144.5 vs 144.9 prior
- Refinance index 373.3 vs327.8 prior
- 30-year mortgage rate 7.17% vs 7.37% prior
Mortgage applications pick up as rates fall, with the increase in the past week owing to a jump in refinancing activity - which offsets a mild drop in purchases.