Should We Fear the Surge in Cash-Out Refinances?

Help you find home Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for a new one […] Help you sell home Have questions? Call 352-792-7914
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