US MBA mortgage applications w.e. 5 January +9.9% vs -10.7% prior

After the subdued activity during Christmas week, mortgage applications rebounded to start the new week. Both purchases and refinancing activity jumped even as rates did move up in the past week. $S&P 500 Index(.SPX.US)$ $Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$