(Il Sole 24 Ore Radiocor) - Milano, 13 mag - Mortgage applications in the US rose 1.7% on a seasonally adjusted basis from one week earlier, according to data from the Mortgage Bankers Association (MBA) in the first week of May.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ticked up to 6.46% from 6.45%.

Applications for contracts to refinance a mortgage, which are sensitive to short-term changes in interest rates, eased by.

1.0% from the previous week.

(RADIOCOR) 13-05-26 19:19:46 (0760) 5 NNNN