Refinancings may hit a 7-year high

May 6, 2020 |

Mortgage originations for refinancings may hit a seven-year high this quarter as Americans chase the lowest home-loan rates ever recorded. Refi volume probably will total $429 billion, more than double the $180 billion of the year-ago quarter, according to a Fannie Mae forecast. Mortgage holders who aren’t among the more than 30 million people who […more]

Posted in: San Francisco

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