Over the last few months, we have seen an increase in applications for mortgage refinances. Mortgage interest rates dropped or stayed at recent lows, according to data released from the Mortgage Bankers Association. We have seen a big increase in refinancing versus the same period a year ago, as refinance activity maintained its highest clip since July 2016. This is a major shift from earlier in the year when mortgage rates seemed poised to increase.
If you would like to learn more about refinancing your current mortgage, Secure Mortgage Funding can help call us today and we can talk about the options.
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