REAL Trends Updates

Cash-in refis growing in popularity

Cash-outs hit their highest level of popularity during the wild appreciation streaks in the early and middle years of the last decade. Now the pendulum in consumer psychology appears to be swinging toward reduction of household debt -- whether on credit cards or mortgages. In Freddie Mac's latest quarterly survey of refinancings, 33% of homeowners put cash into the deal to lower their mortgage...  This content only available to REAL Trends Members. Please log in below.