US MBA mortgage applications w.e. 28 January +12.0% vs -7.1% prior

Prior -7.1%Market index 617.8 vs 551.7 priorPurchase index 312.2 vs 300.1 priorRefinancing index 2,355.4 vs 1,989.4 prior30-year mortgage rate 3.78% vs 3.72% priorAfter a major tumble in refinancing activity in the week prior, we're seeing a bounce back now and that mostly led to the rebound in mort