Refinances news and trends

Mortgage Applications Drop Again, But Refis Remain Strong

July 29, 2020
Mortgage Applications Drop, But Refis Are Strong
Quick Reads
Mortgage Applications Drop Again, But Refis Remain Strong

July 29, 2020
Home loan applications overall fell 0.8 percent last week as rates on FHA loans rose, according to the Mortgage Bankers Association (MBA). Michael Fratantoni, the MBA’s chief economist, said conventional mortgage rates remained near record lows, in the 3 percent range, for the week ending July 24, and that refinances continued to slightly increase. Rates […]