Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
Published Wed, Sep 4 20247:00 AM EDTUpdated 4 Hours Ago
By: Diana Olick
File photoPatrick T. Fallon | Bloomberg | Getty Images
Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week.
Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.LEARN MORE…
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