- Prior -11.0%
- Market index 315.5 vs 319.4 prior
- Purchase index 225.5 vs 225.0 prior
- Refinancing index 794.9 vs 826.9 prior
- 30-year mortgage rate 5.46% vs 5.49% prior
Mortgage activity continues to slump, with the drag on refinancing contributing to the decline in the past week. Overall, this continues to suggest that there is a toll being exerted on the housing market even if prices are still yet to really cool down significantly.
