Wild Swings in Mortgage Rates Caused a Rare Surge in Refinancing

CNBC, Aug. 10, 2022–Diana Olick
After dropping at the end of July, mortgage rates moved higher on average again last week, but the daily moves were volatile. Mortgage demand was split, with gains in refinancing but declines in applications from homebuyers, according to the Mortgage Bankers Association’s seasonally adjusted index.
https://www.cnbc.com/2022/08/10/wild-swings-in-mortgage-rates-last-week-caused-a-rare-surge-in-refinancing.html