Mortgage applications soar as refinances surge on a big rate drop — CNBC
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cnbc.com. Mortgage applications soar as refinances surge on a big rate drop. mortgage applications surged 26.8% in just one week. Volume was 41% higher than the same week one year ago. Little Lending Solutions. June 20
Total applications rose 1.6 percent week to week on a seasonally adjusted basis in the week ending June 19, according to the Mortgage Bankers Association. Volume is now 10.9 percent higher than a year.
moved to refinance." Homebuyers were not especially excited by the drop in interest rates. Mortgage applications to purchase a home fell 1 percent from one week earlier and are just 3 percent higher.
Mortgage applications soar on a big rate drop consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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Consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index. volume was 41% higher than a year ago.
Mortgage applications soar as refinances surge on a big rate drop Mortgage applications surged 26.8% in just one week. Volume was 41% higher than the same week one year ago.
Mortgage applications soar as refinances surge on a big rate drop June 12, 2019 admin Real Estate Comments Off on Mortgage applications soar as refinances surge on a big rate drop Consumers saw an opportunity last week and took it – in a big way.
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Mortgage applications soar as refinances surge on a big rate drop. CNBC – Diana Olick. Consumers saw an opportunity last week and took it – in a big way. mortgage rates dropped to their lowest level in nearly two years, so total mortgage.. The 30-year fixed-rate average dropped to 3.6 percent, its lowest level.
The biggest one-week rate drop in a decade unleashed a run on refinances last week. "There was a tremendous surge in overall applications activity, as mortgage rates fell for the fourth week in a.