Purchase Money Mortgages Are Flying High As Refis Dry Up
Purchase Money Mortgages Benefit From Higher Interest Rates As Origination Of Mortgage Refinance Dry Up The half-point increase in mortgage interest rates since January has all but killed mortgage refinance. Purchase Money Mortgages now outnumber mortgage refinance loans by a 3:1 margin. It also appears mortgage refinance sector will be dead for a while. Ellie […]
