Thursday 4 April 2019

Mini refinancing boom is a boost for lenders

It’s a small piece of good news for banks in the slowing housing market. There has been a mini surge in mortgage and refinancing applications spurred by falling mortgage rates, the Wall Street Journal reports. The volume of mortgage applications went up 18 percent last week from the week before, while refinancing applications rose 39 percent, reaching their highest level since November, 2016. The Journal also found that purchase applications had risen 4 percent. This […]



source https://therealdeal.com/2019/04/04/mini-refinancing-boom-is-a-boost-for-lenders/

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