Interest Rates Increase Slows Down Recent Mortgage Refinance Run

This article – from Mortgage News Daily – lays out details on the recent uptick in interest rates, which has slowed down volume of the recent refinance run. This most recent refinance run lasted roughly 3-4 months. It was good for both the lending, and the title side, but now we’re back to the usual, spring uptick in rates – similar to the usual spring uptick in gas prices (supply and demand…somewhat).
http://www.mortgagenewsdaily.com/04272016_application_volume.asp

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