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Home / Inside Tract / Refi drop causes loan originations to fall (access required)

Refi drop causes loan originations to fall (access required)

Residential loan originations have fallen in the Charlotte region and across the country as fewer consumers opt to refinance their existing mortgages. Local loan originations fell 9 percent in the first quarter to 15,848 from 17,372 a year ago, according to recent data from RealtyTrac. The refinancing of home loans dropped 22 percent to 6,323, but ...

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