Mortgage Refinancing | Mortgage Refinancing Is On The Rise

February 9, 2012 – 5:22 am

Calculated Risk – which believes the housing market has hit bottom and should be headed back up — points to more potential signs of healing in the market. According to the Mortgage Bankers Association , mortgage refinancing is on the rise, increasing 9.4 percent over the previous week and 5.7 percent over the past month.

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He also predicts that the changes the White House recently made to the Home Affordable Refinance Program – which helps those with Fannie and Freddie-held mortgages, but whose reach has been limited so far–should accelerate refinancing in the upcoming

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