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 November 18, 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 November 18, 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: November 18, 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 November 18, 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/