New data from MortgageLoan.com shows an overall increase in mortgage and refinance requests in several Florida cities, including Orlando.
The data, which tracks the period from Oct. 15-Nov. 15, found that Florida was a leader among the 50 states, with a 71 percent increase in refinance requests in Miami and Fort Lauderdale, and a 47 percent increase in Orlando.
“The dramatic increase in refinance activity in Florida markets suggests that home values may be stabilizing in many areas,” said David Coster, a residential lending expert at MortgageLoan.com.
MortgageLoan.com publishes mortgage rate information, news, consumer guides and tools for consumers, mortgage and real estate professionals.
Read more: Mortgage refinance activity up 47% here | Orlando Business Journal
The data, which tracks the period from Oct. 15-Nov. 15, found that Florida was a leader among the 50 states, with a 71 percent increase in refinance requests in Miami and Fort Lauderdale, and a 47 percent increase in Orlando.
“The dramatic increase in refinance activity in Florida markets suggests that home values may be stabilizing in many areas,” said David Coster, a residential lending expert at MortgageLoan.com.
MortgageLoan.com publishes mortgage rate information, news, consumer guides and tools for consumers, mortgage and real estate professionals.
Read more: Mortgage refinance activity up 47% here | Orlando Business Journal
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