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Refinance applicationsABC News
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87% Informative
Mortgage Bankers Association's refinance index surged 16% last week from the previous week to its highest level in two years .
Refinance applications were up nearly 60% versus the same week last year .
Despite lower borrowing costs, applications for loans to buy a home rose only 0.8% from previous week .
Rates have mostly eased in recent weeks as signs of easing inflation and a cooling job market have raised expectations.
VR Score
94
Informative language
95
Neutral language
70
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formal
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English
Language complexity
51
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
3
Source diversity
1
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