Mortgage interest rates have begun to rise, and as a result January saw the first decrease in mortgage refinance volume since November 2020. The long running record of historically low rates may be news of the past after several weeks of rising rates.
Want more information on past, current and future mortgage rates? These articles provide good insights:
Weekly mortgage refinance demand drops 5% after rates hit highest level since November
Refinancing Volume Pulls Back as Rates Rise
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