Sentence examples for refinancing booms from inspiring English sources

"Refinancing booms tend to push up earnings, and that's what we are seeing here," Ms. Seidman said.

In refinancing booms, loans don't last for seven years.

Historically, mortgage origination and refinancing booms exhibit cyclical patterns and end as soon as interest rates begin to trend higher.

Some economists and analysts are worried that the rate leap will derail the housing and mortgage refinancing booms, which have carried the economy while business investment has been weak.

He points out that consumer spending growth has held steady through the home refinancing booms and busts.

After hitting $250 billion in 2001, that refinancing segment could fall to nearly zero, consistent with 1994 and 1999 the end of the two most recent refinancing booms.

Consumer spending, lifted by tax cuts and a home mortgage refinancing boom, was the primary reason the economy grew at its fastest rate since 1984 during the three months ended in September.

"That's when we should see the end of the refinance boom".

Mortgage banking revenue fell nearly 20 percent, to $1.6 billion, during the quarter without a refinance boom to prop up its results.

A recent drop in mortgage rates has already set off a refinance boom, but analysts say home prices in many parts of the country are still too high for many would-be buyers.

Despite the rumblings of a refinance boom, many borrowers are not be able to take advantage of low interest rates because they have bad credit or can't come up with a down payment, he said.