Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually
Refinance demand, which is most sensitive to interest rate changes, jumped 9% for the week and was 111% higher than the same week one year ago.
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Refinance
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39 days ago
46 days ago
Refinance demand is 81% higher than it was a year ago, thanks to falling mortgage rates
Sliding mortgage rates are pushing more current borrowers to refinance and also juicing demand for adjustable-rate loans.
3 months ago
MBA: Mortgage Applications Decrease in Latest Weekly Survey
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a story from Calculated Risk › Calculated Risk
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (…
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