Items Tagged with 'REFI VOLUME'

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  • More mortgage borrowers now have incentive to refinance

    2.4 million homeowners can cut their interest rates by 0.75%
    While refinance volume has dropped off in recent years as interest rates have inched upward, incentive to refinance has returned for some homeowners. According to the latest from Black Knight, about 550,000 more borrowers could lower their mortgage payments by refinancing, meaning that about 2.4 million borrowers can now use a refi to reduce their interest rates by 0.75%.
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