Mortgage “Refi Boom” Crashes To Lehman Lows

by Tyler Durden
ZeroHedge.com
Jan 4, 2017

While mortgage applications tumbled across the two-week holiday period – even seasonally-adjusted – it was the complete collapse in the refinancings that is most notable. Down over 60% since August, the refi index crashed over 22% over the xmas/new year period to its lowest since the post-Lehman collapse in Oct 2008.

The Rest…HERE

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