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ICE Mortgage Monitor: Refinance Activity Increased Especially for Rate/Term Refinances

ICE Mortgage Monitor: Refinance Activity Increased Especially for Rate/Term Refinances

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Dec 09, 2024
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
ICE Mortgage Monitor: Refinance Activity Increased Especially for Rate/Term Refinances
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Here is the ICE December Mortgage Monitor report (pdf).

Press Release: ICE Mortgage Monitor: Recent Vintage Borrowers Pounced on Early-Autumn Rate Drops as 300K+ Refinanced in September and October

  • More than 300K mortgage refinances closed in September and October – the most in 2.5 years – as borrowers took advantage of interest rates in the low 6% range

  • N…

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