Recent Decline in Mortgage Rates Leads to a Leap in Jumbo Refinances
HousingWire, Apr. 4, 2019--Jacob Gaffney
The Mortgage Bankers Association is noting two distinctive trends in mortgage lending in it latest credit availability report. The first is the recent declines in mortgage rates, which only just showed signs of leveling out, led to a leap in refinances for jumbo mortgages.