Falling Mortgage Rates Generate Surge of Potential Refinance Candidates – Appraisal Buzz

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Falling bond yields have pushed mortgage rates to their lowest level in nearly three years, spurring a rush by homeowners to refinance. the falling rates are a product of broader economic uncertainty or a potential recession. Four Candidates That Stood Out in the democratic presidential debate.

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While potential candidates for refinancing in April surpassed March by 2 million, growth in some of the largest metros is slowing.

Thanks to a huge jump in refinance volume, driven by falling rates, total mortgage application volume increased an impressive 26.8% on an.

Falling Yields and Minimal Incentives - The Mortgage Minute Falling mortgage rates boosted the refinance share of mortgage origination volume to 38% in July, up significantly from 31% in June, according.

A small tick higher in mortgage rates caused the sudden surge in. and China continued to generate uncertainty among investors,” said Joel Kan, Despite that, mortgage applications to refinance a home loan fell 8% for the week.. in the stock market and the overall concern over a potential recession.

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