Mortgage Refinancings at 3-Year High, Fueled by Low Rates
A newly constructed apartment building built stands past a house in the Highland Village neighborhood of North Miami, Florida, U.S. (Photographer: Scott McIntyre/Bloomberg) 

Mortgage Refinancings at 3-Year High, Fueled by Low Rates

(Bloomberg) -- Lenders are being flooded with applications to refinance mortgages at a pace not seen since 2016, as U.S. homeowners rush to take advantage of a recent drop in rates.
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