Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis

Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis
Recently released data from the Federal Reserve Bank of New York’s Center for Microeconomic Data revealed that the first quarter of this year was the mortgage business’ worst quarter in more than four years, but a deeper dive into the data shows that on the refinance side of things, it may have been the worst quarter since the financial crisis.
Source: https://www.housingwire.com/rss