Millennials drive mortgage refinance boom, and lenders are scrambling

Posted from: https://www.cnbc.com/2019/08/09/millennials-drive-mortgage-refinance-boom-and-lenders-are-scrambling.html

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Refinance applications were up a stunning 116% this week compared with a year ago….

Posted from: https://www.cnbc.com/2019/08/09/millennials-drive-mortgage-refinance-boom-and-lenders-are-scrambling.html

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Refinance applications were up a stunning 116% this week compared with a year ago….

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