Sustained affordability concerns and stabilized interest rates led to a surge in auto refinance volume in the second quarter. Refinance volume rose 69.1% year over year in Q2 to 115,000, according to Experian’s Q2 State of the Automotive Finance Market Report published Aug. 28. Refi volume also climbed 29% from Q2 2020. Centennial, Colo.-based auto […] The post Auto refinance volume up 69.1% YoY in Q2 appeared first on Auto Finance News.| Auto Finance News
Auto Finance News is pleased to announce that Chris Kleczynski, head of auto lending product strategy at PenFed Credit Union, will join a panel discussion on AI and automation at Auto Finance Summit 2025, returning Oct. 15-17 at the Bellagio Las Vegas. View the full event agenda here. With more than two decades in the […] The post PenFed’s Kleczynski joins Auto Finance Summit 2025 appeared first on Auto Finance News.| Auto Finance News