Another Record-Low Mortgage Rate Just Cause Demand to Jump for Both Refinances and Home Purchases

CNBC, Nov. 25, 2020–Diana Olick
Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage application volume to increase 3.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.