Refinance applications rise as rates fall to a seven-month low

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    Weekly mortgage rates fall further, but only refinance applications rise. Mortgage application volume increased 1.3% last week compared from the previous week, according to the mortgage bankers association. volume was 40% higher than a year ago, largely because lower. Published: Wed, 26 Jun 2019 09:26:00 GMT

     · Refinancing: 5 mistakes you don’t want to make. Hesitating to lock in low rates. Because mortgage interest rates have fallen to new lows in each of the past three or four weeks, borrowers are conditioned to believe that these incredible low interest rates might get even lower. And, they could.

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    The movement of long-term bonds usually is one of the best indicators of whether mortgage rates will rise or fall. When yields. a measure of total loan application volume – rose 2.9 percent from.