Red-hot refinance demand retreats after tiny bump higher in mortgage rates
Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market.
Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market.
The National Retail Federation expects about 17% of sales to be returned this year.
Markets are pricing in an aggressive path for interest rate cuts starting in September.
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