Weekly Mortgage Applications Rise as Rates Drop to 30-Year Low, But It’s All Refinances

CNBC, Apr. 15, 2020–Diana Olick
Despite wider-than-usual daily swings last week, mortgage rates dropped to the lowest level ever in the Mortgage Bankers Association’s 30-year-old weekly survey, causing yet another rush to refinance.
https://www.cnbc.com/2020/04/15/weekly-mortgage-applications-rise-as-rates-hit-survey-low.html