Survey: Many Have Not Refinanced Despite Historically Low Interest Rates
A new Bankrate.com survey found that only 19% of homeowners who had mortgages before the pandemic have refinanced, despite interest ...
Tag: Refinance
Mortgages Flat as New Buyer Activity Continues to Surge While Refi Activity Plummets
For the first time since the onset of the COVID-19 pandemic, mortgages saw a quarterly decline, according to new data ...
Mortgage Applications Up, Refis Taking the Lead
Mortgage applications are up 5.7% for the week ending July 23, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage ...
Will Removal of FHFA Adverse Market Refi Fee Lead to Consumer Savings?
The Federal Housing Finance Agency (FHFA) just gave homeowners and lenders a savings opportunity by eliminating the Adverse Market Refinance ...
Now Open: Fannie Mae Debuts RefiNow Option for Low Income Homeowners
Homeowners who haven’t capitalized on historically low mortgage rates are getting another chance to lower their monthly payments under Fannie ...
Fannie Mae RefiNow Option for Low Income Homeowners Is Open
Editor's Note: This article was updated on July 9 to reflect changes to the program's eligibility requirements. Homeowners who haven’t ...
What Happens to My Escrow Account If I Refinance?
All mortgages require a monthly payment. Typically, the monthly payment consists of the principal repayment, prorated property tax, prorated homeowner's ...
Don’t Know Your Mortgage Rate? You Could Be Costing Yourself Thousands
(TNS)—Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market. Yet nearly three ...
New Initiative Opens Door to Airbnb Refi Options
The rental industry is changing. In the last few years, Airbnb has become increasingly popular, especially among young travelers, as ...
If You’re Struggling With Mortgage Payments, HARP Might Help
(TNS)—HARP, or the Home Affordable Refinance Program, is a great way to refinance your mortgage and save a ton of ...
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