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Home » Store » News » Rising Rates Could Mean More Cash-Out Business

Rising Rates Could Mean More Cash-Out Business

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Subprime lenders could see a surge in demand for cash-out refinance loans if interest rates continue to rise, a new analysis by rating agency Fitch suggests. During a teleconference held last week, Fitch analysts unveiled the results of a study that looked at loans tracked in its MBS performance database.The findings were somewhat surprising. “Given that interest rates have fallen so far and for so long, we expected
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