U.S. mortgage applications driven up by refinancings
NEW YORK (Reuters) – Demand for U.S. home loans rose last week to the highest level in about two months, mostly from borrowers taking advantage of low mortgage rates to refinance, the Mortgage Bankers Association said on Wednesday.
Nearly three of every four loan requests was for a refinancing rather than a purchase, pointing to caution with unemployment at a double-digit rate and fear of job...
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U.S. mortgage applications driven up by refinancings
Ceil Hansen runs a Los Angeles based software technology and executive marketing consulting firm...
