Party’s Over Already—Mortgage Refis In Biggest Crash Since 2013

The party’s over. Despite a reversal of the modest rise in mortgage rates in early March, mortgage applications continue to collapse. Overall, mortgage applications fell 4.3% on the week, following last week’s 7.3% plunge; but refis tumbled 5.0% on the week…

 

 

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-05-01/partys-over-mortgage-refinancings-collapse-most-6-years-despite-falling-rates