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Another Dim Outlook for Refinancing

(Mortgage News Daily) - 6 months, 2 weeks ago
 Posted To: MND NewsWireRefinancing activity has probably held up better than expected as interest rates have risen. Refinance applications accounted for more than 40 percent of the total in each of the Mortgage Bankers Association's weekly application volume summaries in December, aided by an unexpected dip in rates. But CoreLogic's chief economic Frank Nothaft is predicting a dim future for that part of the business. In his Economic Outlook for January, Nothaft says he expects mortgag...
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