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U.S. mortgage applications jump; rates at record low

U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.

 

With 30-year rate at 4.89%, mortgage applications rise

Mortgage applications jumped last week, as low interest rates fueled refinancing activity.

 

Home Refinancing Hobbled by Variety of Obstacles

Home Refinancing Hobbled by Variety of Obstacles

Interest rates are falling, but potential borrowers face higher costs.

 

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