Sharp dive for mortgage rates sets off new refinancing boom

Sharp dive for mortgage rates sets off new refinancing boom

Sharp dive for mortgage rates sets off new refinancing boom

Many homeowners know a good deal when they see one.

Demand for refinance mortgages is soaring, a survey by a major lenders trade association finds. Homeowners are stampeding toward mortgage rates that have been driven back toward all-time lows by worries about the Delta variant and by the elimination of a widely despised fee on refi loans.

But U.S. homeowners are still leaving lots of money on the table. Online real estate marketplace…


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