Mortgage refinancing requests climb 21 percent

Mortgage refinancing requests climb 21 percent
Applications for mortgage refinancings jumped last week, while purchase applications fell. The Mortgage Bankers Association said Wednesday overall applications rose 14.6 percent from a week earlier, driven by a 21 percent increase in applications to refinance home loans. Applications for loans to purchase homes, however, tumbled 8.5 percent from a [...]

U.S. home loan requests down 2.9 percent

U.S. home loan requests down 2.9 percent
Applications for home loans dipped last week even though consumers were able to refinance at the lowest rates in decades, The Associated Press reports.
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