World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

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Mortgage Requests Rise as Loan Rates Hold Near 10-Month Low; The Washington-based industry group said its seasonally adjusted gauge on loan requests to buy a home and to refinance one rose 3.6 percent to 365.3 in the week ended Feb. 15. The prior week’s reading was the lowest in a month.

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Financial Government Solutions Legal Reuters News Agency Risk Management. U.S. home refinancing requests fall near 18-year low: mortgage group. Other mortgage rates that the MBA tracks were.

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Brokers predict that five-year and 10-year fixes could increase by 0.25 of a percentage point, while lenders keep two-year fixed rates low for longer to boost trading in the last few weeks of the.

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The average interest rate for 30-year fixed-rate mortgages, with conforming loan balances of $484,350 or less, climbed to 3.94% from prior week’s 3.90%, which was the lowest since November 2016. The 30-year rate on conforming mortgages has fallen 44 basis points so far this year.

(Reuters) – U.S. mortgage applications increased for the first time in five weeks as most home borrowing costs hovered near their lowest in 10 months, the Mortgage Bankers Association said on.

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