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Refinance Low Interest Rates

Refinances Increase As Interest Rates Remain Low

Interest rates remain low, and homeowners in the United States are taking advantage. On Tuesday, the Federal Reserve announced that the mortgage origination volume in the final quarter of 2019 surged to $752 billion. That represents the highest level since 2005 and a nearly 50% increase over the $528 billion recorded in the third quarter of 2019.