Refinances, particularly cash-out refinances, picked up during the first quarter of 2017 per Freddie Mac’sHousing Outlook in May. This resilience in refi activity, combined with declining mortgage rates and rising home prices, made Freddie to revise its projections for 2017, placing mortgage originations by over $200 billion and adding $100 billion to its 2018 forecast.
This way to mortgage lenders.»
1Q17 CA...