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industry group News More News US mortgage applications fell in latest week Applications for U.S. home mortgages retreated to sluggish levels last week as rising interest rates spoiled a spurt in loan refinancing, according to data published from an industry group on Wednesday. U.S. mortgage applications show lowest numbers this year (Pravda) Applications for home mortgages sank to their lowest level this year, as rising long-term interest rates restrained inducements to refinance, an industry group's data showed on Wednesday. Mortgage rates lowest since 2005, refinancing jumps (USA Today) Applications for home mortgages jumped to their highest level in a month last week as concerns about recession pushed interest rates to their lowest in more than two years, an industry group said Wednesday. Mortgage demand dips; 30-year and ARM rise to 5.72% (USA Today) Demand for applications to purchase and refinance homes declined last week from the highest level in nearly four years as mortgage rates rose, an industry group said Wednesday.