Wednesday, April 16, 2014
(New York, NY) -- U.S. mortgage applications are on the upswing. The Mortgage Bankers Association's weekly mortgage index rose four-point-three percent in the week ending April 11th. Refinancing applications rose nearly seven percent, while loans for home purchases rose one-point-three percent. Thirty-year fixed mortgage rates dropped from four-point-five-six to four-point-four-seven percent during the week.