The Freddie Mac 30-year average inched back up to 3.56% last week after dipping to 3.49% the previous week. And, just like that, the population of high-quality refinance candidates fell by almost 2 million to 9.8million, according to data from Black Knight.

Bill Bodnar from the Mortgage Market Guide discusses the technical picture, US-China relations, the ongoing tug-of-war and how those in the mortgage market have gotten "smacked in the face" recently.

Fidelity National Financial has announced that it is calling off its proposed purchase of Stewart Information Services Corp., citing opposition by the Federal Trade Commission. So reports MarketWatch.