Tag: 2-year
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Mortgage refinance ask jumps to a 2-year high, as mortgage rates descend
Courtney Keating | Getty Images Mortgage rates dropped to the bottom level since March final week, sparking swift ask in refinancing. Homebuyers, nonetheless, gave the affect unimpressed. Applications to refinance a dwelling loan jumped 15% final week, when compared with the outdated week, to the highest level since August 2022, per the Mortgage Bankers Association’s…