Us Mortgage Refinances Jump 79 As Coronavirus Fears Push Down Rates
The figures compare to 66% a week ago, and are nearly six times higher compared to the same week last year. On the back of this, the Mortgage Bankers Association has nearly doubled its 2020 estimates for total refinances to around $1.23 trillion, a 37% increase from 2019 and the strongest finance volume since 2012. Now really is the time to look up one of the best refinance mortgage companies (opens in new tab), and see if you can better your rate....