U.S.
application activity to refinance a mortgage fell to its lowest in five weeks
even as most home borrowing costs declined in the latest week, Mortgage Bankers
Association
data released on Wednesday showed.
data released on Wednesday showed.
The
Washington-based industry group said its seasonally adjusted measure of loan
applications for mortgage refinancing fell 2.9 percent to 1,239.6 in the week
ended Feb. 10. This was the lowest level since 1,182.3 in the week ended Jan.
6.
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