Mortgage Applications in U.S. Slumped Last Week to Five-Year Low

The reflection of palm trees is seen in the window of a Wells Fargo & Co. bank branch in Hermosa Beach, California, U.S., on Tuesday, Sept. 10, 2013. Mortgage applications in the U.S. plunged last week to the lowest level in almost five years as rising borrowing costs led to a slump in home refinancing. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
The reflection of palm trees is seen in the window of a Wells Fargo & Co. bank branch in Hermosa Beach, California, U.S., on Tuesday, Sept. 10, 2013. Mortgage applications in the U.S. plunged last week to the lowest level in almost five years as rising borrowing costs led to a slump in home refinancing. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
Mortgage Applications in U.S. Slumped Last Week to Five-Year Low
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Credit:
Bloomberg / Contributor
Editorial #:
180312190
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Bloomberg
Date created:
September 10, 2013
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Source:
Bloomberg
Object name:
MORTGAGE APPLICATIONS