Tuesday, September 23, 2008

FHA Refis Drop in July

Today, let us take a look at FHA Refinance originations nationally. The chart below shows the upward trend over many months since the passage of the Economic Stimulus Package. However, the Refi originations dipped slightly in July 2008. Is this a sign of a trend or will the numbers bounce up again? Check back in a few weeks for the August results.

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