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 Gold Prices Stabilize as Focus Turns to Upcoming US Economic Indicators READ MORE The Largest Gold Reserves by Country Visualized READ MORE Brooklyn Pawnshop Sees Surge in Gold Sales Amid Price Rally READ MORE South Korea's Reserve Bank Holds Back Amid Global Rush READ MORE From Pandemic to Recovery: Comparing Economic Performance Under Trump and Biden READ MORE Add a Comment Cancel replyYour email address will not be published.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