• Prior +0.9%
• Market index 210.7 vs 208.4 prior
• Purchase index 163.2 vs 165.3 prior
• Refinance index 446.4 vs 416.0 prior
• 30-year mortgage rate 6.87% vs 7.07% prior

Mortgage applications increased slightly again in the past week, owing this time to a notable decline in the average rate of the most popular US home loan. That comes alongside a heavy slide in US bond yields, following the softer CPI report.

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