Archive for the 'Cash-Out Refinancing' Category (Chronologically Listed)

Cash-Out Refinancing, Home Equity Loans Not Slowed by Housing Market

It may be a slow housing market, but approximately 82 percent of Freddie Mac-owned loans refinanced during the quarter resulted in new loans that were at least five percent larger than the original amount of the previous mortgage.

This is the same percentage of cash-out refinances as was reported in the fourth quarter of 2006.

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Posted by Jed Moss on May 09 2007 under Cash-Out Refinancing, Home Equity, Home Equity Loans, Mortgage Refinancing