Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Lenders Are Deluged With Refinance Requests as Cor

:Lenders Are Deluged With Refinance Requests as Coronavirus Sends Rates Lower

Record low mortgage rates are delivering more refinancing demand than some lenders can handle. Homeowners are rushing to refinance their mortgages thanks to big falls in interest rates prompted by fears of the spreading coronavirus. Some lenders are having trouble keeping up with the red-hot demand.
https://www.wsj.com/articles/lenders-are-deluged-with-refinance-requests-as-coronavirus-sends-rates-lower-11584351003

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