Global Refinancing Market Size study & Forecast, by Type by Deployment, by End-use and Regional Analysis, 2022-2029

List of Tables

Global Refinancing Market is valued at approximately USD 18.09 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2022-2029.

Refinancing is the method of revising and replacing an existing debt obligation with another debt obligation under a different term and interest rate. Factors such as the increasing developments in offerings provided by banks, rising focus on leveraging technologies such as artificial intelligence and machine learning to automate mortgage processing, coupled with the introduction of refinancing instruments are driving the market growth across the globe.

The growing demand for car loans and home loans among the population owing to the rising awareness about the benefits of refinancing a mortgage is fostering the growth of the market. According to Mortgage Calculator, in 2019, the annual mortgage origination volume in the total production volume of refinancing in 1 to 4-family unit residential mortgages was estimated to account for USD 1,028 billion, which is a rise from USD 502 billion in 2014. Likewise, as per Statista, in India, the total value of housing loans in 2018 is recorded at USD 14.03 billion, which is progressively rising and reached USD 23.63 billion in 2021. Therefore, the rising preference for home loans is propelling the demand for refinancing, which, in turn, augments the market growth across the globe. Moreover, the rising government refinancing instruments and initiatives, as well as the increasing focus of venture capitalists on supporting start-ups by raising funds are presenting various lucrative opportunities over the forecasting years. However, the high costs associated with mortgage refinancing are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Refinancing Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising government support to offer better refinancing options, along with the presence of a leading of prominent players in the region, such as Bank of America, WELLS FARGO & COMPANY, and ALLY FINANCIAL INC, among others. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as rising mortgage loan offerings, growing demand for home loans, and the increase in the uptake of refinancing solutions in the market space.

Major market players included in this report are:

Wells Fargo & Company

Bank Of America

Ally Financial Inc

Jpmorgan Chase & Co.

Rocket Companies, Inc.

Citigroup Inc.

RefiJet

Better Holdco, Inc.

loanDepot, Inc.

Caliber Home Loans, Inc.

Recent Developments in the Market:

In July 2021, Ally Home, the lending arm of Ally Bank that caters to residential mortgages, launched RefiNow, a home financing option. RefiNow caters to the needs of customers facing difficulties in qualifying or ending up with slower refinancing due to barriers such as lower income levels.

Global Refinancing Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Deployment, End-use, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Fixed-rate Mortgage Refinancing

Adjustable-rate Mortgage Refinancing

Cash-out Refinancing

Others

By Deployment:

Cloud

On-premise

By End-use:

Personal

Commercial

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Refinancing Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Refinancing Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Refinancing Market, by Deployment, 2019-2029 (USD Billion)
- 1.2.4. Refinancing Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Refinancing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Refinancing Market Dynamics

3.1. Refinancing Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising focus on leveraging technologies such as artificial intelligence and machine learning
  - 3.1.1.2. Growing demand for car loans and home loans
- 3.1.2. Market Challenges
  - 3.1.2.1. High costs associated with mortgage refinancing
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising government refinancing instruments and initiatives
  - 3.1.3.2. Increasing focus of venture capitalists on supporting the start-ups by raising funds

Chapter 4. Global Refinancing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Refinancing Market, by Type

6.1. Market Snapshot
6.2. Global Refinancing Market by Type, Performance - Potential Analysis
6.3. Global Refinancing Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Refinancing Market, Sub Segment Analysis
- 6.4.1. Fixed-rate Mortgage Refinancing
- 6.4.2. Adjustable-rate Mortgage Refinancing
- 6.4.3. Cash-out Refinancing
- 6.4.4. Others

Chapter 7. Global Refinancing Market, by Deployment

7.1. Market Snapshot
7.2. Global Refinancing Market by Deployment, Performance - Potential Analysis
7.3. Global Refinancing Market Estimates & Forecasts by Deployment 2019-2029 (USD Billion)
7.4. Refinancing Market, Sub Segment Analysis
- 7.4.1. Cloud
- 7.4.2. On-premise

Chapter 8. Global Refinancing Market, by End-use

8.1. Market Snapshot
8.2. Global Refinancing Market by End-use, Performance - Potential Analysis
8.3. Global Refinancing Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
8.4. Refinancing Market, Sub Segment Analysis
- 8.4.1. Personal
- 8.4.2. Commercial

Chapter 9. Global Refinancing Market, Regional Analysis

9.1. Refinancing Market, Regional Market Snapshot
9.2. North America Refinancing Market
- 9.2.1. U.S. Refinancing Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. End-use breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Refinancing Market
9.3. Europe Refinancing Market Snapshot
- 9.3.1. U.K. Refinancing Market
- 9.3.2. Germany Refinancing Market
- 9.3.3. France Refinancing Market
- 9.3.4. Spain Refinancing Market
- 9.3.5. Italy Refinancing Market
- 9.3.6. Rest of Europe Refinancing Market
9.4. Asia-Pacific Refinancing Market Snapshot
- 9.4.1. China Refinancing Market
- 9.4.2. India Refinancing Market
- 9.4.3. Japan Refinancing Market
- 9.4.4. Australia Refinancing Market
- 9.4.5. South Korea Refinancing Market
- 9.4.6. Rest of Asia Pacific Refinancing Market
9.5. Latin America Refinancing Market Snapshot
- 9.5.1. Brazil Refinancing Market
- 9.5.2. Mexico Refinancing Market
- 9.5.3. Rest of Latin America Refinancing Market
9.6. Rest of The World Refinancing Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Wells Fargo & Company
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Bank Of America
- 10.2.3. Ally Financial Inc
- 10.2.4. Jpmorgan Chase & Co.
- 10.2.5. Rocket Companies, Inc.
- 10.2.6. Citigroup Inc.
- 10.2.7. RefiJet
- 10.2.8. Better Holdco, Inc.
- 10.2.9. loanDepot, Inc.
- 10.2.10. Caliber Home Loans, Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Refinancing Market, report scope
TABLE 2. Global Refinancing Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Refinancing Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Refinancing Market estimates & forecasts by Deployment 2019-2029 (USD Billion)
TABLE 5. Global Refinancing Market estimates & forecasts by End-use 2019-2029 (USD Billion)
TABLE 6. Global Refinancing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Refinancing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Refinancing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Refinancing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Refinancing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Refinancing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Refinancing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Refinancing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Refinancing Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Refinancing Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Refinancing Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Refinancing Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Refinancing Market
TABLE 71. List of primary sources, used in the study of global Refinancing Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Refinancing Market, research methodology
FIG 2. Global Refinancing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Refinancing Market, key trends 2021
FIG 5. Global Refinancing Market, growth prospects 2022-2029
FIG 6. Global Refinancing Market, porters 5 force model
FIG 7. Global Refinancing Market, pest analysis
FIG 8. Global Refinancing Market, value chain analysis
FIG 9. Global Refinancing Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Refinancing Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Refinancing Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Refinancing Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Refinancing Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Refinancing Market, regional snapshot 2019 & 2029
FIG 15. North America Refinancing Market 2019 & 2029 (USD Billion)
FIG 16. Europe Refinancing Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Refinancing Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Refinancing Market 2019 & 2029 (USD Billion)
FIG 19. Global Refinancing Market, company Market share analysis (2021)