Items Tagged with 'Mortgage refis'

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[CHARTS] Notably fewer rejections for mortgage refis as credit profiles improve

Lower credit consumers stay away from rising interest rates
As interest rates continue to increase, mortgage refinance applications are decreasing. However, as the last few households rushed in to apply for a refi before rates increased further, rejection rates dropped. These charts from the Federal Reserve Bank of New York explain the latest trends in mortgage refinances.
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