Refinancing Boom: 6% Mortgage Rates Spark Homeowner Interest As mortgage rates approach 6%, a refinancing wave is gaining momentum. Mortgage applications have surged, with volume last week tripling compared to the previous year. Homeowners who bought when rates were above 7% can now save hundreds of dollars monthly by refinancing. While not yet at pandemic-era levels, the trend is significant and could intensify if rates continue to decline as economists predict. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts What Is the London Fix Price? READ MORE US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE Bank of China Uses Digital Yuan for Cross-Border Settlement READ MORE July Sees Record Central Bank Gold Acquisition Since January READ MORE Bank of Japan Takes Center Stage in Crucial Week for Global Markets READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment