Aug. 12 (Bloomberg) -- Mortgage applications in the U.S. fell last week as a jump in borrowing costs slowed refinancing. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan decreased 3.5 percent to 499 in the week ended Aug. 7, from 517.3 in the prior week.
U.S. MBA Mortgage Applications Index Fell 3.5 Percent Last Week (Bloomberg)
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