Prior -8.1%Market index 425.1 vs 456.2 prior Purchase index 267.1 vs 265.4 priorRefinancing index 1,295.1 vs 1,522.7 prior30-year mortgage rate 4.80% vs 4.50% priorThe fall in mortgage applications comes from another drop in refinancing activity, as the 30-year mortgage rate surges by 30 bps to its