• Prior -0.8%
  • Market index 192.1 vs 182.2 prior
  • Purchase index 147.0 vs 143.7 prior
  • Refinance index 415.4 vs 367.0 prior
  • 30-year mortgage rate 7.31% vs 7.27% prior

Despite a further rise in the average rate of the most popular US home loan, mortgage applications rose in the past week - largely helped out by a big jump in refinancing activity. Purchases were also higher but very slightly, though the overall picture remains rather subdued against the backdrop of higher interest rates for now.