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Thursday, February 2, 2012

85 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt in Fourth Quarter: 26-Year High

Real Cash-Out Volume at 16-Year Low MCLEAN, Va., Feb. 2, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) released the results of its fourth quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. This release of the report also contains annual statistics on refinances for the ten largest metropolitan areas and four Census regions of the U.S.  News Facts In the fourth quarter of 2011, 85 percent of homeowners who refinanced their...continued
 

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