Mortgage refinances spike 12% on a big rate drop, but homebuyers pull back again
2019-08-07
Homeowners rushed to take advantage of a sizable drop in mortgage interest rates last week, but potential buyers were unimpressed. Total mortgage application volume rose 5.3% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 46.5% higher than a year ago, when rates wereRead More →
