Sentence examples for consumer refinancing from inspiring English sources

Lastly, point-of-sale borrower acquisition channels may also be more defensible in the long-term than the channels used in consumer refinancing, such as Google AdWords, Facebook ads and direct mail.

Even its mortgage business, which reported more than a 50 percent jump in home loan applications, owed some of the lending growth to consumers refinancing existing loans — not people obtaining new ones.

This may seem counter to prudent financial management thinking, but this option has been overwhelmingly successful at achieving consumers' refinancing goals.

Many consumers refinanced mortgages or scheduled their new home purchases before April to take advantage of the rates.

The bank's lending division led the growth, as consumers refinanced their mortgages to take advantage of record low interest rates.

"When consumers refinance their homes, they see it as an investment back in their homes," comments Steidtmann.

Consumers are refinancing their mortgages for not much more than the Treasury borrows money.

Making even a few timely payments on the kind of high-interest loan offered to a "subprime" borrower may qualify the consumer to refinance at a lower rate.

According to Freddie Mac, a provider of mortgage financing, the cash extracted by consumers during refinance transactions in 2006 jumped by $53 billion, to $315 billion.

These low rates are helping keep the housing market strong and are encouraging consumers to refinance mortgages, giving them money to spend.

THE last year has been a good time for consumers to refinance their mortgages, with interest rates hitting their lowest levels in decades.