U.S. MBA Mortgage Applications Index Rose 5.3 Percent Last Week (Bloomberg)

U.S. MBA Mortgage Applications Index Rose 5.3 Percent Last Week (Bloomberg)

April 22 (Bloomberg) -- Mortgage applications in the U.S. rose last week as lower borrowing costs encouraged more homeowners to refinance loans. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan increased 5.3 percent to 1,172.2 in the week ended April 17, from 1,113.2 the week before.

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