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Refinance volume decline due to rising mortgage rates
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Refinance Volume Decline: Is the REFI Market Truly Endangered?

Refinance volume decline is sparking major concerns across the mortgage industry. With a year-over-year drop of 18% in overall mortgage volume and a 39% decline in refinances, the industry is grappling with the effects of rising interest rates, limited housing inventory, and market saturation. While there was a slight rebound in September, the long-term trend

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