Decline in Mortgage Rates Spurs Refinance Retention to Record Levels
Falling interest rates have driven servicer refinance retention to a 3.5-year high, indicating potential opportunities for private lenders in the current market.
Falling interest rates have driven servicer refinance retention to a 3.5-year high, indicating potential opportunities for private lenders in the current market.
Mortgage purchase applications reach a three-year peak, fueled by better spreads and declining rates, marking 18 consecutive weeks of growth.
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