MBA: Mortgage applications rise 6.6% - South Florida Business Journal:

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Mortgage applications rose 6.6 percent for the week ended June 19, on a seasonallyg adjusted basis from the previous week and wereup 17.2 percent compared with the same week a year ago, accordinv to the . The Refinance Index increased 5.9 percentr to 2,116.3 from 1,998.1 the previoues week. The refinance share of mortgage activity fell slightly to 54 percentr of the total applicationsfrom 54.1 percenf the previous week. The average interest rate for 30-year fixed-rate mortgages decreased to 5.44 percent from 5.50 percent, with points increasing to 0.99 from 0.89. The average interest rate for 15-yeart fixed-rate mortgages decreased to 4.93 perceng from 4.
99 percent, with points decreasing to 0.92 from The average interest ratefor one-yeatr adjustable rate mortgages remained unchangecd at 6.54 percent, with points increasing to 0.11 from