Refinancing Boom Fuels Record-Breaking Mortgage Application Surge Mortgage applications have reached a two-year high, with a significant surge in refinancing activity. In the week ending September 20, overall applications rose 11% week-over-week, while refinancing applications jumped 20%. This increase is attributed to falling mortgage rates, with the average 30-year fixed rate dropping to 6.09%. The trend marks a revival in the mortgage market after a slow summer homebuying season, with refinancing applications now 175% higher than a year ago. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Stocks Face Mixed Start to June with Key Jobs Report Ahead READ MORE Poland’s 50/50 gold buying: 50 tonnes bought over 3 months, but another 50 tonnes to go READ MORE ZeroHedge: IEA, OPEC Divergence On Oil Demand Becomes Too Big To Ignore READ MORE August Sees Surge in Consumer Optimism, Despite Labor Market Worries READ MORE Gold Prices Rise for Fifth Week Amid Iran-Israel Tensions READ MORE Add a Comment Cancel replyYour email address will not be published.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