BA few more people were out shopping for a home loan this past week, with home purchase financing inquiries putting in the strongest week-over-week performance. Already-low rates are poised to fall a little further. A 2 percent rise from last week left the U.S. Mortgage Market Index from Mortech Inc. and Mortgage Daily for the week ended May 4 at 207. The index was 227 in the report for the week ended May 6, 2011. Inquiries for home-purchase financing were up 3 percent. But purchase volume is off by more than a third from the same week last year.
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