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2023 So Far: A Bumpy Ride for Mortgage Refinance Loans

2023 So Far: A Bumpy Ride for Mortgage Refinance Loans

After cratering last fall as interest rates surged, home refinance loans staged a modest, albeit brief comeback to kick off 2023. As rates settled back to 6.2 percent in January, the decline sparked a 15 percent increase in mortgage finance applications in January,...