July 19th, 2017
Volume for mortgage applications rose 6.3 percent last week.
Volume remains 31 percent lower than a year ago, when interest rates were lower.
Refinance volume had been falling after rates moved slightly higher, but refinance applications increased 13 percent even as mortgage rates remained steady.
http://www.cnbc.com/2017/07/19/mortgage-applications-jump-as-borrowers-rush-to-refinance.html?__source=newsletter%7Ceveningbrief
Well, perhaps this will translate into a marginal uptick in business in mid-to-late August. |
