Record home prices in recent years have pushed tappable home equity to new heights, increasing the demand for one specific product: cash-out refis. Black Knight data shows that lenders originated $1.2 ...
Mortgage origination activity took a major hit in February, with rate hikes squeezing out refinance activity, both for rate-term refis and cash-outs. Overall origination activity in February was down ...
In Today's constantly changing mortgage market with fluctuating rates, margin compression, and declining origination volumes, originators are looking for ways to drive new volume. Cash-out refinancing ...
Mortgage refinance application rates plunged from 21.4% in October 2021 to 8.9% in October 2022. The demand for consumer credit declined in 2022, led by plummeting demand for mortgage refinancing, ...
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