Mortgage Refinance Demand Surges as Homeowners Take Advantage of Lower Interest Rates

CNBC, Jan. 11, 2023–Diana Olick
After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite potential homebuyers, the Mortgage Bankers Association said.
https://www.cnbc.com/2023/01/11/mortgage-refinance-demand-surges-as-homeowners-take-advantage-of-lower-interest-rates.html