Mortgage refinance demand surges, as homeowners take advantage of lower interest rates
By Teck Chu |
After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite potential homebuyers. As a result, total mortgage application volume rose just 1.2% last week compared with the previous week, according to the […]
Read More