Banks with mortgage banking operations are expected to benefit from a rise in refinancing and origination activities as mortgage rates fall to a new low.
Zacks Equity Research. Zacks. Mon, 01 Jun 2020 13:30:00 GMT.
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
CBS News. Fri, 15 May 2020 23:53:42 -0400.
Mortgage rates are falling near record lows again amid economic uncertainty due to the COVID-19 pandemic, and mortgage refinance applications are surging. ...
CBS News. Wed, 08 Apr 2020 14:44:57 -0400.
Refinancing applications tripled from a year ago in each of the 50 largest cities and in all but five states as record-low mortgage rates clearly resonated with homeowners.
By Brenda Richardson, Contributor. Forbes. Wed, 25 Mar 2020 12:44:05 +0000.
As mortgage lenders struggled to service the avalanche of refinance applications and processing times grew long, rates drifted upward despite downward market pressures.
R.a. Schuetz. Houston Chronicle. Thu, 12 Mar 2020 14:25:00 UTC.