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Home » Store » News » Refinance Volume Drops Sharply in 3Q09, But Remains at Historically High Level

Refinance Volume Drops Sharply in 3Q09, But Remains at Historically High Level

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Refinance activity remained the driving force in the mortgage market during the third quarter of 2009, although production volume cooled considerably from record levels reached in the first half of the year, according to an Inside Mortgage Finance ranking and analysis.Mortgage refinancing accounted for 60.2 percent of total originations during the third... [Includes two charts and one graph]
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