Mortgage Rates Just Dropped to a Six-Month Low and Refinances Shoot Higher

CNBC, July 28, 2021–Diana Olick
The typical interest rate for 30-year fixed-rate mortgages decreased to 3.01% from 3.11% last week. Applications to refinance a home loan jumped 9% last week from the previous week, according to the Mortgage Bankers Association.
https://www.cnbc.com/2021/07/28/mortgage-rates-at-six-month-low-and-refinances-shoot-up.html