Refi market potential jumps 50% in two months

Refi market potential jumps 50% in two months
A recent decline in interest rates has increased refinance incentive by 50% in two months as one million more homeowners could now benefit from a refi. According to the latest data from Black Knight, there are now 2.9 million homeowners who could reduce their interest rates by at least 0.75% by refinancing their mortgage. But will increased incentive for more borrowers translate to more volume?
Source: https://www.housingwire.com/rss