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PGZ - Mortgage refinancing continues in Q1 but cash-outs decline: Black Knight
Principal Real Estate Income Fund of Beneficial Interest
While Q1 2020 saw overall refinance lending climb to a seven-year high, the number of cash-out refinances, as well as the dollar value of equity withdrawn via refinance, fell for the first time since early 2019, according to Black Knight's Data & Analytics division.
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