Sharp Dive for Mortgage Rates Sets Off New Refinancing Boom

MoneyWise, July 28, 2021–Clayton Jarvis
Many homeowners know a good deal when they see one. Demand for refinance mortgages is soaring, the Mortgage Bankers Association said. Homeowners are stampeding toward mortgage rates that have been driven back toward all-time lows by worries about the Delta variant and by the elimination of a widely despised fee on refi loans.