Mortgages may be a bright spot for U.S. bank results in first quarter

NEW YORK (Reuters) - U.S. bank earnings likely got a lift from mortgage lending in the first quarter, as lower rates spurred a surge in applications to refinance home loans, one of several glimmers of hope for a sector that has lately struggled with weak growth.

from Reuters: Business News http://ift.tt/1Fq4SFn