Monday, July 13, 2020
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Need a little extra cash?
Refinance to reduce your monthly mortgage. Apply now using our step by step application.
 

Mortgage Apps Jump Again as Rates Fall

Mortgage News > Mortgage Apps Jump Again as Rates Fall
Date: 04/15/2020    Mortgage Apps Jump Again as Rates Fall

All-time record low mortgage interest rates caused a spike of 7.3% in mortgage applications this week, according to the Mortgage Bankers Association. Most of that jump came from refinance requests, with applications for refinance loans growing 10%. Home purchase loan requests fell 2% from last week and 35% from a year ago. Meanwhile the average rate on a conforming 30-year fixed-rate mortgage fell to an historically-low 3.45% from 3.49%.

back