Refinancing applications increased 12%. Purchase volume rose 8%. The trade deficit increased to $42 billion in July from a revised $41.9 billion in June. Exports fell $1.9 billion or 1% to $183.3 billion. Imports fell $1.8 billion or 0.8% to $225.3 billion. Wholesalers increased their inventories 0.7% to $485.2 billion in