-->Refinancing demand falls another 11%

Demand for home loans down for the fifth straight week as rates hit their highest levels of 2004.
April 21, 2004: 7:10 AM EDT

NEW YORK (Reuters) - New U.S. mortgage applications fell last week for the fifth consecutive week on a drop in refinancing requests, as mortgage rates climbed to their highest levels so far in 2004, an industry trade group said Wednesday.