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Loan Modification

: The Truth About Mortgage.com

Cash-In Refinances Rise in Latest Quarter

By scot184

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During the second quarter, 22 percent of homeowners who refinanced their mortgages lowered their principal balance by bringing in additional money at closing, Freddie Mac reported today. It was the third highest ?cash-in refinance? share since Freddie Mac began keeping records on refinancing trends since 1985. Cash-in refis (which are basically rate and term refis) increased from [...]

Full post as published by The Truth About Mortgage.com on July 28, 2010 (boomark / email).

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