Mortgage Rates Flat, But Apps Rise

Mortgage Rates Flat, But Apps Rise
(Undated) -- Mortgage applications are on the rise, even as interest rates remain flat. The Mortgage Bankers Association says overall applications were up nearly two-and-a-half percent last week. Refinance applications drove the upward trend, climbing four-percent. Refinances are still down about 40-percent compared to the same period last year.