ABSTRACT

Impact of the Coronavirus on Mortgage Refinancings   [open pdf - 63KB]

From the Document: "Mortgages, whether purchase and refinance, require a long to-do list. If any of the steps in the chain cannot occur, the ability to get a mortgage is jeopardized. The unprecedented shutdowns caused by COVID-19 [coronavirus disease 2019] threaten to break multiple links in the mortgage chain. This article examines what is at risk for one segment of the housing world: mortgage refinancing."

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2020 Urban Institute. Posted here with permission. Documents are for personal use only and not for commercial profit.
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Urban Institute: https://www.urban.org/
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