U.S. mortgage refis surge as rates fall to historically low levels

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U.S. mortgage refinancings are surging as historically low 30-year fixed mortgage rates attract borrowers, Bespoke Investment Group said on Wednesday.

Mortgage rates fell below 3% last week and have continued lower, with the potential fall as low as 2%, Bespoke said in a note to clients.

U.S. 30-year fixed-rate mortgages fell below 3% for the first time in records going back nearly 50 years last week, according to data released by Freddie Mac on Thursday.

 

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Wish I could even get a mortgage, I have a covid proof job, score is on the rise, regular raises, yet can’t qualify for some reason, credit score is clean, all debt has been paid.

I should refi the mortgage on my campground

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