Refinance Boom Dies Down as Mortgage Rates Soar

Sep 28, 2022 / By Elaine Belsito
Horsesmouth Assistant Editor
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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.

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