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).

The health and safety of our employees, customers and communities is our top priority.Read about our response to COVID-19