RPT-Americans rush to refinance mortgages as rates drop to record low -MBA
Americans scrambled to refinance their
home loans last week as the interest rate on the benchmark
30-year fixed-rate mortgage fell to match a record low as the
coronavirus outbreak sent government bond yields tumbling, the
Mortgage Bankers Association said on Wednesday.
home loans last week as the interest rate on the benchmark
30-year fixed-rate mortgage fell to match a record low as the
coronavirus outbreak sent government bond yields tumbling, the
Mortgage Bankers Association said on Wednesday.
Posted by Reuters
