Refinance Boom Dies Down as Mortgage Rates Soar
Sep 28, 2022
By Elaine Belsito
ChartTalk: For two years, mortgage refinancing has been booming, as historically low mortgage rates and surging home prices allowed homeowners to save a bundle. In Q2 2022, refinancing originations were down more than 75% from the Q1 2021 peak.
Horsesmouth Assistant Editor