Refi business is picking up on falling mortgage rates
Briefly

Mortgage applications shot up 15.6% from one week earlier, with the refinance index increasing by 28%, particularly for VA borrowers seizing the chance to lower rates.
Home inventory levels have significantly improved from last year, benefiting prospective homebuyers frustrated by limited options, while refinance activity rose over 27% from a year ago.
Read at www.housingwire.com
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