Bring your borrowers home: How speed and simplicity will win the next refinance wave
Refinancing activity is primed for a surge — but not the way we’ve seen in the
past.
It used to be that when rates dropped, demand would stay high for weeks or even
months. Lenders had time to scale up operations and ride the wave. Now, demand
comes in short, sharp bursts, triggered by even the slightest rate drops.
Take April 2025 for example. Mortgage rates briefly fell to 6.61%, their lowest

