Your credit score may be rising because you've started to do things that can increase it. Over time, maintaining good credit behavior only maintains your score - it won't continue to increase.
Many hard pulls may make it harder to get approved for cc's because they ask why you had so many pulls. That's the idea behind a 2/3BM.
You may have had an increase in your score after your application because you now have more credit. Your credit utilization has gone down.