| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,762,329,786 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Threshold for Refinancing |
0.02 sec. |
|
Threshold for refinancing The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage, generally reached when the weighted-average coupon of the MBS is 2 percentage points or more above currently available mortgage rates. Threshold for Refinancing The interest rate on a mortgage or a mortgage-backed security that is high enough to encourage property owners to refinance their mortgages at lower rates. If enough property owners refinance, this may affect the yield on a mortgage-backed security, depending upon its particular type. Generally speaking, the threshold for refinancing is two percentage points above prevailing interest rates. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in |
|---|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|