According to the latest weekly survey data published by the Mortgage  Bankers Association, the homebuying has increased by 8% and refinance by  43% from the last week, a 109% rise from the same week the previous  year. Joel Kahn, Associate Vice President of Economic and Industry  Forecasting, also mentioned that the mortgage market has been strong in  2020 with 30-year fixed mortgage rates hitting its lowest since  September 2019. Read more