Applications for mortgage loan refinancing increased 3.55 percent over the week ending April 26, according to the Mortgage Bankers Association's refinance index, when tracked as a four-week moving average.
The seasonally adjusted purchase index increased slightly, by 0.36, percent during the same period.
Additional detail:
- The market volume index for all mortgage loan applications revealed a 17.98 percent increase since the first week of January 2013, when tracked as a four-week moving average, and a 23 percent increase since one year earlier.