Mortgage Rates Tick Back Up to 6.49% as MBA Applications Fall 2.2%, Existing-Home Sales Slip to 4.09M and Prices Hit a Record $440,600

Mortgage Market Update: The 30-year fixed rises to 6.49% in Freddie Mac’s July 9 survey after last week’s dip, MBA data for the week ending July 3 show applications down 2.2% with refis -4.1%.