As further evidence that the era of refinancing is ending, Black Knight Financial Services says that prepayment speeds , historically a good indicator of refinancing , declined 15 percent in February. In its regular “first look” at mortgage performance activity for the month, the company says that this is the lowest monthly rate for prepayments in three years, and brings the total decline thus far in 2017 to 40 percent.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published.