Mortgage-refinance demand recovers some after rates come off recent highs

by anastasiakaufman-chime-me

PUBLISHED WED, JUL 19 20237:00 AM ED

By: Diana Olick

Blaine, Minnesota. Brand new townhomes for sale with new construction financing and a builders credit of $4,500 to attract new buyers.
Blaine, Minnesota. Brand new townhomes for sale with new construction financing and a builders credit of $4,500 to attract new buyers.Michael Siluk | Universal Images Group | Getty Images

Mortgage interest rates pulled back last week after jumping sharply to start July. That lit a fire under refinance demand but did little to help potential homebuyers. 

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