U.S. home refinancing activity climbs to seven-month high: MBA
Reuters
Published Jun 21, 2017 09:27AM ET
U.S. home refinancing activity climbs to seven-month high: MBA
NEW YORK (Reuters) - U.S. applications to refinance an existing home reached a seven-month peak last week as mortgage rates were unchanged to higher, the Mortgage Bankers Association said on Wednesday.
The Washington-based industry group said its seasonally-adjusted index on refinancing increased 2.1 percent from the prior week to 1,526.8 in the week of June 16. This was the highest since 1,754.2 in the Nov. 18 week.
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Written By: Reuters
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