Mortgage refinancing demand has jumped dramatically—up 40% in recent activity—following market reactions to policy announcements that briefly pushed interest rates lower. This kind of volatility in traditional finance often signals broader shifts in market sentiment and liquidity flows. For crypto traders watching macro trends, these moves in bond markets and mortgage demand reflect changing expectations around rate trajectories and economic conditions. When traditional finance experiences sudden repricing events like this, it typically creates ripple effects across risk assets and can influence capital allocation between traditional and digital asset classes. The speed of the demand surge highlights how sensitive markets remain to policy signals and rate expectations.