Refinancing Boom Fuels Mortgages to Postcrisis Record - News Summed Up

Refinancing Boom Fuels Mortgages to Postcrisis Record


The mortgage market in 2019 had its best year since the height of the precrisis boom, the latest sign that housing is firming up after showing signs of weakness early last year. Lenders extended $2.4 trillion in home loans last year, the most since 2006, according to industry research group Inside Mortgage Finance. That was also a 46% increase from 2018.


Source: Wall Street Journal January 24, 2020 16:18 UTC



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