More Refinancing Homeowners Pay Down Loans in 4Q
admin2011-02-01T06:15:16-07:00February 1, 2011 (Shirley Allen) By a margin of almost three to one, homeowners who refinanced their first lien home mortgage lowered their principal balance by paying an additional amount at the time of closing versus those borrowers who took cash out. Forty-six percent of homeowners who refinanced their mortgage in the fourth quarter of [...]