Refi Boom? Mortgage Applications Surge As Rates Plunge

06-13-2019 • https://www.zerohedge.com by Tyler Durdan

Mortgage applications surged an impressive 26.8% WoW - the largest jump since Jan 2015 - led by a massive spike in refis as mortgage rates tumbled alongside the Treasury market. 30Y rates dropped back below 4.00% - the lowest since Jan 2018...