Requests to refinance were up 12 percent week over week and 17 percent from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in six weeks.
Source: Inman News
Pullback in mortgage rates spurs refis but not purchase loans
Published in CME Group, economy, federal reserve, inflation, inman, Joel Kan, Markets & Economy, Mortgage, mortgage bankers association, mortgage rates, nashville, Optimal Blue, Pantheon Macroeconomics, purchase loans, quantitative tightening, refinancing and Select
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