Refinance takes place when the terms of an existing loan are revaluated. This commonly occurs when interest rates fall. Over the third to fourth quarter of 2020, the largest increase in mortgage refinance activities in United States metropolitan areas took place in Sioux Falls, SD.
Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020
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ATTOM Data Solutions. (March 4, 2021). Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/
ATTOM Data Solutions. "Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020." Chart. March 4, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/
ATTOM Data Solutions. (2021). Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/
ATTOM Data Solutions. "Metropolitan Areas with Largest Increase in Mortgage Refinance Activity in The United States between 3rd Quarter 2020 and 4th Quarter 2020." Statista, Statista Inc., 4 Mar 2021, https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/
ATTOM Data Solutions, Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020 Statista, https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/ (last visited July 22, 2024)
Metropolitan areas with largest increase in mortgage refinance activity in the United States between 3rd quarter 2020 and 4th quarter 2020 [Graph], ATTOM Data Solutions, March 4, 2021. [Online]. Available: https://www.statista.com/statistics/1188446/increase-mortgage-refinance-activity-usa/