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(Image from article: "Mortgage applications see biggest increase in 4 months: MBA")

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U.S. May Back Mortgage Refinancing for Millions

U.S. May Back Mortgage Refinancing for Millions

The Obama administration is considering a program to let millions of homeowners refinance at today’s rates.

 

Mortgage applications see biggest increase in 4 months: MBA

Mortgage applications see biggest increase in 4 months: MBA

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rates remained low, an industry group said on Wednesday.

 

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