Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually

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Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually

cnbc.com/2025/10/29/mortgage-rates-drop-to-the-lowest-level-in-over-a-year-pushing-refinancing-111percent-higher-annually.html

Mortgage interest rates dropped for the fourth straight week last week, spurring both current homeowners and potential homebuyers to call their lenders. Total mortgage application volume increased 7.1% compared with the previous week, according to the Mortgage Bankers Association's…

This story appeared on cnbc.com, 2025-10-29 12:34:07.376000.