Published:
12/20/2012
Attachments:
Refinance Report - October 2012
This report provides monthly data and analysis on mortgage rates, refinance volume, and Home Affordable Refinance Program (HARP) volume by state, LTV buckets and other measures.
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Report Highlights
- Refinance volume continued to be strong in October as 30-year mortgage rates reached new record lows.
- HARP volume continued to represent a material portion of total refinance volume as HARP enhancements took effect in 2012. HARP volume represented 19 percent of total refinance volume in October, 2012.
- Year-to-date through October 2012, 790,619 refinances were completed through HARP, bringing the total refinances through HARP from the inception of the program to 1,812,470.