Sentences with phrase «driven by the refinancing»
The decrease is driven by the refinancing of the company's debt completed in 2017.
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Refinances are almost entirely driven by mortgage rates, while purchase activity is a function of a broader set of variables including the state of the job market, demographics, and consumer confidence.»
«Mortgage credit availability increased for the third consecutive month in November, driven by increased availability of conventional low down payment and streamlined refinance loan programs,» said Lynn Fisher, MBA's vice president of research and economics.
By refinancing your loans to Advantage, you lose the ability to go onto an income - driven repayment plan, so these protections can be important.
If you refinance your federal loans, you not only lose out on the opportunity to apply for an income - driven repayment program, but you are then also responsible to meet the minimum monthly payment set by the lender you take your new loan out from.
Borrowers should be aware that by refinancing federal student loans, they will lose the benefits of federal loans, such as student loan forgiveness and income - driven repayment plans.
Most of the borrowing activity this year has come in the area of refinancing, according to Schonbraun, who attributes the volume of activity to falling interest rates driven by the Federal Reserve Board's 2001 efforts to blunt the threat of recession.
The year - over-year decrease in total originations was driven by a 20 percent year - over-year decrease in refinance originations even while purchase originations increased 3 percent from a year ago and Home Equity Line of Credit (HELOC) originations increased 10 percent from a year ago.
Income - driven repayment plans offered by the government will vanish once the federal loan is refinanced with a private loan company.
A small group refinanced to change their loan type (8 percent), driven predominantly by Millennials (22 percent).
This increase was mainly driven by credit expansions within both the government - sponsored enterprise (GSE) and government channels, thanks to higher interest rates and lower refinance volumes.