Sunday, August 18, 2019
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Ease your credit worries.
Cut down your debt now by consolidating your payments.
 

Low Rates Push Refinance Applications Higher

Mortgage News > Low Rates Push Refinance Applications Higher
Date: 06/05/2019    Low Rates Push Refinance Applications Higher

The number of U.S. refinance applications jumped 6.4% in the latest week, according to the Mortgage Bankers Association, a result of mortgage interest rates falling to their lowest level in almost 17 months. The average rate on a 30-year fixed-rate conforming loan dropped to 4.23% last week from 4.33% the previous week. The chance for mortgage savings led more borrowers to apply for refinances and the refinance share of all mortgage activity rose to 42.2% from 39.7% the week before.

back