Home borrowers continue to"cash in" rather than "cash out" when refinancing, according to Freddie Mac, which says just $8B was pulled of equity in Q4 (the prints back in the day used to near $100B). 84% of homeowners either maintained the same loan balance or brought money to the closing table, roughly the same as a year earlier.
Home borrowers continue to"cash in" rather than "cash out" when refinancing, according to...
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