Us Mortgage Rates Starting To Flatline But It S Still A Good Time To Refinance
As a result, demand for purchase loan and refinance applications fell off last week, with applications to buy a home down 2% but still up 8% year-on-year “Mortgage applications dipped slightly last week after two weeks of healthy increases, but even with a slight decline, the total pace of applications remains at an elevated level. The purchase market has started 2020 on a strong note, running 8 percent higher than the same week a year ago,” said the MBA’s Joel Kan....