- Prior +2.3%
- Market index 183.6 vs 189.0 prior
- Purchase index 141.9 vs 144.9 prior
- Refinance index 388.1 vs 407.1 prior
- 30-year mortgage rate 7.21% vs 7.31% prior
Mortgage applications declined once again in the past week with both purchase and refinancing activities falling. It adds to the strain in the housing market amid higher interest rates.