Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Not Cashing In on Cashing Out: An Analysis of Low Cash-Out Refinance Rates'
January 10, 2026
January 10, 2026
PHILADELPHIA, Pennsylvania, Jan. 10 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a working paper in January 2026 entitled "Not Cashing In on Cashing Out: An Analysis of Low Cash-Out Refinance Rates."
Here are excerpts:
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1 Introduction
Lowering a borrower's interest rate is one of the most effective ways to reduce a borrower's debt burden. The market for lowering interest . . .
Here are excerpts:
* * *
1 Introduction
Lowering a borrower's interest rate is one of the most effective ways to reduce a borrower's debt burden. The market for lowering interest . . .