Second annual Refinance Closing Cost Report shows refinance mortgage closing costs increased 3.8% in 2021 Comparatively, purchase mortgage closing costs increased 13.4% IRVINE, Calif., May
With mortgage rates declining to ever new lows during 2020, the mortgage market had the largest number of originations in 17 years. The volume was driven by no-cash-out refinance: more than one-half of the originations, and 4-in-5 refinance loans, were no-cash-out during 2020.
Trends in Refinancing Mortgage rates have hit record lows in 2020, generating a refinance boom as borrowers seek to save on their mortgage payments. CoreLogic
For lenders to successfully grow or maintain market share, they must focus on retaining current customers and actively prospecting for new high-quality customers. Strong customer