Property for sale in Elkridge, Md., on Sept. 2, 2025. Madalina Kilroy/The Epoch Times
Applications for mortgage refinancing have risen from a year ago as declining interest rates allow homeowners to lower their monthly payments, according to new Mortgage Bankers Association (MBA) data released on Oct. 22.
Mortgage loan applications slipped 0.3 percent in the week ended Oct. 17, marking a fourth consecutive weekly decline, the MBA’s latest Weekly Mortgage Applications Survey showed.
