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Mortgage applications soar as refinances surge on a big rate drop – Fasti News

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Mortgage applications soar as refinances surge on a big rate drop Consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index.

weekly mortgage applications soar nearly 27% on a big rate drop June 12, 2019 admin Real Estate Comments Off on Weekly mortgage applications soar nearly 27% on a big rate drop A real estate agent shows a home to a prospective buyer in Miami.

Weekly Mortgage Applications Soar Nearly 27 On A Big Rate Drop and related news – Financial New Index – Latest Business-Market news from around the web at one place

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June 12, 2019 admin Real Estate Comments Off on Mortgage applications soar as refinances surge on a big rate drop Consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index.

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Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually. Consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually. That pushed the refinance share of total mortgage application volume to 49.8% from.

Consumers saw an opportunity last week and took it – in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index. volume was 41% higher than a year ago.

News & Updates. From real estate industry and beyond. june 21, 2019 In Homes. Mortgage applications soar as refinances surge on a big rate drop. Consumers saw an opportunity last week and took it – in a big way.. Weekly mortgage applications fall as rates rise, volume remains much higher.

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