Rate and Term Refinances Are Up a Whopping 300% from a Year Ago

What a difference a year makes. While the mortgage industry has been purchase loan-heavy for several years now, it could finally be starting to shift. A new report from Optimal Blue revealed that rate and term refinance volume increased nearly 110% in August from a month earlier, and 310% from the year before. Driving the… Read More »Rate and Term Refinances Are Up a Whopping 300% from a Year Ago

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