Homeowners Are in a Frenzy to Refinance as Mortgage Rates Nose-Dive

Yahoo! Finance, Mar. 5, 2020–Doug Whiteman

“The 30-year fixed rate mortgage dropped to its lowest level in more than seven years last week, amidst increasing concerns regarding the economic impact from the spread of the coronavirus, as well as the tremendous financial market volatility. Refinance demand jumped as a result,” says Mike Fratantoni, chief economist for the Mortgage Bankers Association.
https://finance.yahoo.com/news/homeowners-frenzy-refinance-mortgage-rates-150922941.html