.Prior +6.9% Market index 251.3 vs 215.1 priorPurchase index 137.7 vs 133.9 priorRefinance index 889.3 vs 661.4 prior30-year mortgage cost 6.54% vs 6.55% priorThe large jump in recent full week happens as we observe a spike in refinancing activity in particular. That happens as the common price of the best popular US mortgage happened falling in the final two weeks, amid the jump in yields. Below is actually a take a look at how the pitch in refinancing task appears from the graph:.This post was created by Justin Low at www.forexlive.com.