Applications for U.S. home mortgages climbed last week, snapping a three-week decline, as interest rates fell for the first time since June, an industry group said Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity rose 2.2 percent to 761.3 in the week ended Aug. 12, following three straight weeks of falls. The climb in mortgage activity was led by refinancings.
