HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.

Mortgage prepayments

Latest Posts

Mortgage prepayments jump 58% as refinancings surge HW+

Aug 22, 2019By

Mortgage prepayments jumped 58% in July from a year ago as cheap rates drove refinancings, according to Black Knight. The prepay volume was up 26% from the prior month. The lowest mortgage rates in almost three years drove more Americans to refinance home loans. The average U.S. rate for a 30-year fixed mortgage fell to 3.6% in the first two weeks of August, the lowest level since November 2016, according to Freddie Mac.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please