Money

As rates drop, mortgage refinancing surges but home purchase loans remain tepid

YAN ZHANG, USA TODAY Comments Off on As rates drop, mortgage refinancing surges but home purchase loans remain tepid

Homeowners scramble to refinance mortgages as rates hit the lowest level in 17 months. But mortgage applications for home purchase rose just 0.5%.

YAN ZHANG, USA TODAY
http://api-internal.usatoday.com.akadns.net

Related Articles
Money

Former Rep. Harold Ford Jr. fired for alleged ‘misconduct;’ denies wrongdoing

USA TODAY NETWORK – Tennessee

Morgan Stanley said the former Tennessee congressman was terminated for ‘conduct inconsistent with our values and in violation of our policies.’
Featured Money

Bitcoin tops $16,000, and its $271B market value passes Home Depot’s

USA TODAY

The cryptocurrency’s rise in price makes it more valuable than all but 12 of the 500 companies in the S&P 500 stock index.
Money

4 money-saving strategies from spouses who bank 85% of their income

CNBC

Some couples live modestly, choosing to save and invest about 85% of their income.