For the fourth month in a row, government-sponsored enterprise refinances rose, and the Federal National Mortgage Association was behind the latest increase.
During June, there were approximately 177,090 Fannie Mae and Freddie Mac mortgages refinanced, according to an analysis of quarterly data on GSE refinances.
Refinance volume ascended compared to 173,217 in the previous month and has moved higher every month since February, when the total came to 130,076.
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From:: Financing