Another week ending with the lowest rates in more than 3 years will mean another week with the highest levels of refinance demand in more than 3 years. In fact, refi demand is now as high as it’s been since 2013, even though rates haven’t yet moved below 2016’s lows.
Source: Kevin Litwicki MBSLIVE
2020 Refi Boom Surpasses 2016's And It's Still Growing