MBA: Mortgage applications rise 6.6% - Business First of Louisville:

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Mortgage applications rose 6.6 percent for the week endes June 19, on a seasonally adjusted basias from the previous week and wereup 17.2 percenyt compared with the same week a year ago, according to the . The Refinancer Index increased 5.9 percent to 2,116.3 from 1,998.1q the previous week. The refinance share of mortgage activity fell slightlty to 54 percent of the totapl applicationsfrom 54.1 percent the previous The average interest rate for 30-year fixed-ratwe mortgages decreased to 5.44 percent from 5.50 with points increasing to 0.99 from 0.89. The average interesf rate for 15-year fixed-rate mortgages decreaser to 4.93 percent from 4.99 with points decreasing to 0.92 from 0.99.
The averag interest rate for one-year adjustable rate mortgages remained unchangeddat 6.54 percent, with points increasing to 0.11 from