Thursday, May 25, 2017

Freddie Mac: Cash-out refinance activity highest since the bust

This year is shaping up to outpace expectations thanks to a resurge in refinance demand, especially when it comes to cash-out transactions. In fact, according to Freddie Mac’s May Economic and Housing Research Outlook report, 2017 is performing so well that it increased its 2017 forecast for mortgage originations.

from Byrd Mix via byrd memphis developer

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