• Prior -8.8%
  • Market index 216.9 vs 209.2 prior
  • Purchase index 169.1 vs 161.6 prior
  • Refinance index 457.6 vs 449.8 prior
  • 30-year mortgage rate 6.55% vs 6.43% prior

Despite higher rates in the past week, US mortgage activity picked up slightly after a sharp fall in the week before that. Both purchases and refinancing were higher but overall, the levels are still very low following the massive slump last year.