UPDATE 1-Refinancing share of U.S. mortgage activity smallest since 2008 -MBA
April 12, 2017 at 09:49 AM EDT
NEW YORK, April 12 (Reuters) - The share of U.S. mortgage refinancing activity contracted last week to its smallest in more than 8-1/2 years amid a jump in home borrowing costs this year, Mortgage Bankers Association data released on Wednesday showed.