- Prior -2.2%
- Market index 201.2 vs 209.3 prior
- Purchase index 132.8 vs 134.8 prior
- Refinance index 570.7 vs 614.9 prior
- 30-year mortgage rate 6.82% vs 6.82% prior
The drop in the past week owes much to a decline in refinancing activity but purchases activity also fell slightly. It continues to suggest a more subdued mood in the housing market overall as mortgage applications are keeping more repressed. The market index is the lowest since the final week of May.