<ul><li>Prior +7.4%</li><li>Market index 214.5 vs 201.5 prior</li><li>Purchase index 165.6 vs 154.4 prior</li><li>Refinance index 458.9 vs 437.9 prior</li><li>30-year mortgage rate 6.71% vs 6.79% prior</li></ul><p style=““ class=“text-align-justify“>Mortgage activity caught a bounce for a second week running, with rates retreating slightly in the past week. Both purchases and refinancing activity were seen higher but it remains to be seen if the market will be able to find renewed momentum. It all comes down to the Fed outlook.</p>

This article was written by Justin Low at www.forexlive.com.