Refinance Report - December 2012

Published: 03/13/2013

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.

Report Highlights

December refinance volume fell compared to November, as November volume rose in advance of a 10 basis point guarantee fee increase that took effect starting December 1, 2012.
HARP volume represented 22 percent of total refinance volume in the fourth quarter of 2012.
Year-to-date through December 2012, 1,074,755 refinances were completed through HARP, bringing the total refinances through HARP from the inception of the program to 2,165,021.