Third-Quarter Slump in Refinance Activity Hits All Mortgage Product Types Hard
November 24, 2009
A substantial decline in refinance activity during the third quarter of 2009 hit the conventional-conforming market especially hard, but a government-insured sector that had been growing at a rapid rate also saw a slowdown during the period. A new market analysis and ranking by Inside Mortgage Finance shows that conventional-conforming originations... [Includes three charts]