Sentence examples for waves of refinancing from inspiring English sources

This drove mortgage rates down and prompted waves of refinancing.

Most of all, low mortgage rates have set off waves of refinancing, allowing homeowners to put more money in their pockets by reducing their monthly payments or borrowing more against the increased value of their houses.

The lower rates spurred a wave of refinancing and home buying.

A wave of refinancing by homeowners has declined as mortgage rates have inched upward, she said.

A wave of refinancing that will hit private-equity-owned firms over the next few years may prove profitable for distressed-debt funds.

Fuel prices have dropped, low mortgage rates on houses have touched off a wave of refinancing, and the last of the federal tax rebate checks arrived.

The risk that mortgages will be prepaid has grown steadily in the last three years, Mr. Auwaerter said, because historically low interest rates have prompted a wave of refinancing.

FINANCIAL TIMES   Refinancing Plan Seen as Weak  |  Mortgage bonds whose underlying loans have high interest rates were trading higher, suggesting that investors were not concerned about a wave of refinancing under a government plan, The Financial Times reports.

Besides the demographics of a city that has a higher proportion of low- and moderate-income homeowners than most other areas of the country, several experts said that another likely cause of the higher New York region default rates had to do with a wave of refinancing in the 1990's that left the government mortgage program with the lenders most at risk of defaulting.

When interest rates were low from 2002 through 2004, a wave of refinancing and an expansion of subprime lending led to a rising share of homeownership, especially among low-income people.

Mr. Kleintop says that this could lead to a new wave of refinancing, which could promote more consumer spending.