Glenn McCullom

The share of mortgage refinance applications dropped below 50% for the first time since the start of September, as interest rates rose to a six-week high.

Mortgage rates ticked up to their highest mark in six weeks, reflecting the 20-basis-point rise in the 10-year Treasury yield during September, according to Freddie Mac.

A decline in refinancing applications offset the gain in purchase activity, leading to an overall drop in application activity of 0.4% from one week earlier.

Mortgage industry hiring and new job appointments for the week ending Sept. 29.

Mortgage rates remained unchanged from last week even through the 10-year Treasury yield first moved lower then spiked up during the period, according to Freddie Mac.

Mortgage application activity decreased 0.5% from one week earlier as a decline in refinance volume was only partially offset by an increase in purchases.

Mortgage industry hiring and new job appointments for the week ending Sept. 22.

Mortgage rates increased for the first time in seven weeks, while the 10-year Treasury yield continued its upward trend, according to Freddie Mac.

Mortgage application activity decreased from one week earlier due to normal seasonal trends, according to the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Sept. 15.