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Tag Archives: Mortgage Refinances

Freddie Mac: Refinance Activity Boosts in First Quarter

This week, Freddie Mac released the results of its Quarterly Refinance Analysis for the first quarter of this year, revealing that borrowers lowered their monthly mortgage payment and shortened their long-term payment by taking advantage unexpectedly low mortgage rates. Refinance activity accounted for 63 percent of all single-family originations.

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HARP Volume Down; FHFA Targeting More Potential Customers

refinance

The Federal Housing Finance Agency is still refinancing plenty of loans through Home Affordable Refinance Program ‒‒ in fact more HARP refinances were done in December than in any other month of 2014 ‒‒ but HARP refinances are significantly down from a year ago, even if FHFA believes it has many more potential customers out there.

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