September 04, 2024 at 12:00PM
Prior +0.5%
Market index 230.5 vs 226.9 prior
Purchase index 136.1 vs 131.8 prior
Refinance index 751.4 vs 753.8 prior
30-year mortgage rate 6.43% vs 6.44% prior
Mortgage applications rose in the past week but the breakdown was a bit more mixed. Purchases jumped but was partially offset by a decline in refinancing activity. That as the average rate of the most popular US home loan remained relatively stable after the recent drop.
This article was written by Justin Low at www.forexlive.com.