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Mortgage applications rose 6.6 percenty for the week ended June 19, on a seasonallyu adjusted basis from the previous week and wereup 17.2 perceny compared with the same week a year ago, accordinvg to the . The Refinance Index increased 5.9 percent to 2,116.3 from 1,998.1 the previous The refinance share of mortgage activity fell slightluy to 54 percent of the total applicationsfrom 54.1 percent the previouss week. The average interest rate for 30-year fixed-ratse mortgages decreased to 5.44 percent from 5.50 with points increasing to 0.99 from The average interest ratefor 15-yearf fixed-rate mortgages decreased to 4.93 percent from 4.99 with points decreasing to 0.92 from 0.99.
The average interest rate for one-year adjustablre rate mortgages remained unchangedat 6.54 with points increasing to 0.11 from
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