nygazet.com logo
Mortgage rates sink to the lowest level in a month, sparking more refinance demand
business

Mortgage rates sink to the lowest level in a month, sparking more refinance demand

1 min read

Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed.

Mortgage interest rates dropped last week to the lowest level in a month, prompting more current borrowers to seek savings in a refinance. While lower rates didn't give potential buyers much incentive, the run on refinances was enough to push total m... [1650 chars]

Read Original Article

Source: CNBC

Visit Source

Share this article