Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year

Applications to refinance a home loan surged 35% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Aug 15, 2024 - 04:00
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Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
Applications to refinance a home loan surged 35% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.