Tag Archives: Refinancing

Millennials are a lot sharper in their approach to using their money than some might think. It turns out younger borrowers know how, and when, to refinance.

A new report shows refinancing is continuing its downward trend, declining for the third month in a row this year. Just 37 percent of all closed loans in March were refinance loans. The report also shows closing times down and FICO scores up, particularly on conventional loans.