Home refinancing up but buying demand near 13-year low
Refinancing drove total U.S. mortgage applications to an eight-month peak, as loan rates fell to or near record lows, but demand to buy homes sank toward 13-year lows last week, the Mortgage Bankers Association said on Wednesday.
Read more on Reuters via Yahoo! News
Mortgage rates fall to record low: 4.58%
WASHINGTON – Mortgage rates have sunk to their lowest in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.
Read more on The Columbus Dispatch
Mortgage rates hit 4.58 percent, a historic low
Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy houses.
Read more on St. Louis Post-Dispatch