Good news for the Arizona real estate market when refinancing activity is up. This means more and more home owners are saving money each month on their mortgage payment. One amazing statistic is:

“Refinance closings have went up every month since January.  July refinances were 11,518 or 128% higher than the 5,052 refinances in January.”

Click Here to read a great report on the Arizona real estate mortgage refinance market courtesy of Fletcher Wilcox of Grand Canyon Title.