Freddie Mac said the average rate on 30-year fixed-rate mortgages increased to 7.82 percent for the week ended October 7, up from 7.70 percent from the previous week.
In the 15-year sector, fixed-rate mortgages increased to 7.43 percent from the prior week's 7.35 percent. A year ago, the rate was 6.15 percent.
The rate for one-year Treasury-indexed adjustable-rate mortgages averaged 6.27, also up from last week's average of 6.12 percent. A year ago, this rate was 5.36 percent.
Refi Index Rises Again
The Mortgage Bankers Association's refinancing index rose to 414.6 for the week ending October 7, up from 388.4 the previous week.
Mortgage loan applications increased 10.2 percent from the prior week and refinancings made up 20.3 percent of the total volume, decreasing from the previous week's 21.0 percent.
Meanwhile, the MBA's home purchase index increased to 288.8 from 260.2 the prior week.