Mortgage demand dips on rising rates NEW YORK (Reuters) – U.S. home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday. Rail Life Read more on Reuters

Rising home sales likely to cool despite low rates A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren’t likely to last. The tax credit is now gone. And economists caution that Americans are facing so many financial… Susan E Adams Read more on [...]