Mortgage Refinance Applications Soar Amid Falling Interest Rates
A propriety for sale in Elkridge, Md., on Sept. 2, 2025. Madalina Kilroy/The Epoch Times The U.S. mortgage market experienced significant activity last week as interest rates declined to a one-year low, according to new industry data. For the week ending Sept. 12, the average 30-year fixed rate mortgage decreased by 10 basis points to