|Fundings Fall at Countrywide
$21 billion January volume down 19% from prior month
February 10, 2004
By MortgageDaily.com staff
|After finishing the year on an uptick in monthly volume, January fundings fell by 19% for one large mortgage lender.
Calabasas-based Countrywide Financial Corp. reported loan fundings of $21 billion for last month, declining from December’s $25 billion. Volume was much higher.
7 Refinance Strategies
Refinance to a lower interest rate: If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate can help you save money on your monthly payments and reduce the overall cost of your loan. Refinance to a shorter loan term:...