• Prior +0.5%
• Market index 216.1 vs 209.8 prior
• Purchase index 170.3 vs 165.6 prior
• Refinance index 439.2 vs 425.1 prior
• 30-year mortgage rate 6.75% vs 6.73% prior

That’s a decent bounce in mortgage applications in the past week as both purchases and refinance activities pick up a little. That said, overall conditions are still rather subdued as evidenced by the index level below:

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