Threshold for refinancing (money)

Definition: [crh] The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay theDefinition: mortgage in order to refinance to a lower-rate mortgage, generally reached when the weighted-average coupon of the MBS is 2 peDefinition: rcentage points or more above currently available mortgage rates.

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Threshold for refinancing (money)

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