Ever since mortgage rates began to move lower, Black Knight has devoted a big portion of its Mortgage Monitor, a monthly report on loan performance and other mortgage issues, to tracking the ebb and flow of the refinanceable loan population.  The company defines refinanceable as a loan where the borrower can qualify for a new loan with a credit score of 720 or higher and a maximum of an 80 percent loan to value (LTV) ratio AND could shave at least 75 basis points off of their current loan through refinancing.  

 

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