More Borrowers Opt for ‘Cash-In’ Refinancing, NY Times, Bob Tedeschi –
August 13, 2010
Cash-Out refinancing, in which borrowers pull out equity from their homes to finance everything from vacations to sports cars, were all the rage during the housing boom. Now, as the nation continues to endure the slow, painful correction of that boom, another trend may be emerging: cash-in refinancing…