Homeowner Refinancing Falls Off a Cliff
The housing market is hot, but fewer and fewer American are refinancing their homes.
In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson tackle the issue and tell investors what the slowing means for the nation's biggest mortgage originators.
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The article Homeowner Refinancing Falls Off a Cliff originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America and JPMorgan Chase. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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