Refinance Volume Slips Again in 2nd Quarter, But Still Plays Huge Role in GSE Market
September 16, 2010
Mortgage refinance activity in the second quarter of 2010 drifted down to its lowest level since the credit crisis in the second half of 2008 despite declining mortgage interest rates. A total of $170 billion of refinance loans were originated during the second quarter of 2010, representing... [Includes two data charts and one graph]