Cash-Out Mortgage Refis are Back. Will Homes Become ATMs Again?
MarketWatch, Mar. 30, 2018–Andrea Riquier
As of the fourth quarter of last year, the share of all refinances that were cash-outs rose to the highest since 2008, according to Freddie Mac data. Rates have churned higher since the presidential election in late 2016, though they spent much of 2017 reversing the immediate post-election surge.
