Aug. 13 at 2:19 PM
$RKT $FNMA $COOP $SPY The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances,
$806,500 or less, decreased to 6.67% from 6.77%
The refinance share of mortgage activity increased to 46.5% of total applications from 41.5% the previous week.
Applications for a mortgage to purchase a home rose 1% for the week and were 17% higher than the same week one year ago.
