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39% drop in real estate refinancing; Denver drops 44%

39% drop in real estate refinancing; Denver drops 44%

by | Oct 12, 2018 | Commercial Lending valuation, Housing Price Trends / Information, Private Lending, Property Valuation, Real Estate Trends, residential lending valuation

Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016.  Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high.  At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...