Wild swings in mortgage rates last week caused a rare surge in refinancing

Econ & Housing

An “Open House” sign at the Saratoga Homes Glendale Lakes community development in Arcola, Texas, on Tuesday, July 12, 2022.Mark Felix | Bloomberg | Getty ImagesAfter dropping at the end of July, mortgage rates moved higher on average again last week, but the daily moves were volatile. Mortgage demand was split, with gains in refinancing…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

US close: Stocks rise amid Nvidia-led tech rally
World markets today: US stocks muted ahead of economic data
Altos: More sellers and price reductions, but fewer homebuyers
Housing February 26th Weekly Update: Inventory Up 0.7% Week-over-week, Up 15.6% Year-over-year
Rosboro temporarily closes Springfield Mill in Oregon