U.S. mortgage applications jump; rates at record low

NEW YORK (Reuters) - U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, increased 32.2 percent to 1,159.4 for the week ended March 20. Refinancing accounted for 78.5 percent of all applications.

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Fort Worth Real Estate & Mortgage Solutions

Fort Worth Real Estate & Mortgage Solutions is a full service mortgage company. We offer conventional, FHA, VA, Jumbo and construction financing. We cater to all of our buyers and are dedicated to excellent customer service and repeat business from our customers. We thrive on making the customer happy. Our goal is to receive at least three referrals from our customers we have closed loans for.