Fewer Americans applied for mortgages over the last two weeks, according to the Mortgage Bankers Association (MBA).  The reduced activity includes new home loan applications as well as mortgage refinancing.

As of May 17, the number of new mortgage applications declined nearly 10 percent in comparison to the previous week.  At the same time, the number of refinancing applications fell nearly 12 percent.  The MBA notes that the declining loan applications and requests indicate fewer new homes are selling as mortgage rates begin to rise.

The DMV.us.org website helps drivers across the US access their driving records to keep their profiles up to date and accurate.  Spokespeople for the website believe the database helps drivers save money on car insurance and avoid rip-offs.

Car insurance companies determine their rates based largely on the driving records of the insurance applicants.  A good driving record usually results in lower car insurance rates, while a poor record with numerous accidents or speeding tickets on file will typically increase rates.

The Midwest states, nicknamed ‘Tornado Alley,’ were subjected to multiple tornadoes over the last few days, including one that touched down near Oklahoma City on Monday.  The tornado caused widespread damage, flattening entire city blocks and leaving at least 24 people dead.