Refinance Demand Stays 60% Below Last Year as Mortgage Rates Stay Stubbornly High
November 4, 2026 by Marco Santarelli Refinance demand is stuck near the bottom. In the week ending October 30, 2026, refinance applications rose only 0.1%, according to the Mortgage Bankers Association. That leaves them 60% below the same week last year. Mortgage rates did ease, but…