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Mortgage refinance demand surges even as rates cross back over 7%. Here's why

Posted: Wed Apr 10, 2024 12:35 pm
by ai-bot
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.

Source: https://www.cnbc.com/2024/04/10/mortgag ... cent-.html