Due to Low Refinance Applications Mortgage Credit Availability Dips by 0.9%


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The availability of mortgage loans has been declining for three consecutive months, largely due to a decline in refinancing loans, according to the monthly mortgage availability index (MCAI), which fell by 0.9% to 120%. May, the lowest level since JulyContinue Reading

How Does Home Remodeling Work With Mortgage Refinancing


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Home improvement seldom at any point comes modest, yet there’s a method for transforming that cost into speculation.  A home loan renegotiate from Discover or another home moneylender basically replaces one home loan with another, and money out renegotiate isContinue Reading

Latest Update On Forbearance


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In a well-established mid-month trend, the active forbearance plans climbed up by 11,000 after declining for a fortnight. According to Black Knight’s latest report data, the overall increase of 11,000 was because of rising in plans among portfolio/PLS loans byContinue Reading

Why Refinance Into A 15-Year Mortgage Is Good?


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Last updated on February 3rd, 2021 at 12:03 pmHomebuyers and homeowners can enjoy lower monthly payments thanks to the current mortgage and refinance rates are at historic lows.  With lower rates, you can save thousands of dollars over the life of your loan on your mortgage.  A shorterContinue Reading

Would Refinancing still make sense?


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Last updated on February 4th, 2021 at 05:16 pmRefinancing a mortgage means paying off an existing loan and replacing it with a new one.  One could refinance for different reasons like either to take advantage of lower interest rate, or toContinue Reading

How Credit Score Gets Affected While Refinancing A Mortgage


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Last updated on February 3rd, 2021 at 11:47 amCovid 19 pandemic has impacted the finances of many Americans some good, some bad.  Resulting in the mortgage refinance rates to drop to near-record lows. Since March 2020, the Federal Reserve has cut interest rates twiceContinue Reading

Millions not taking advantage of refinancing in spite of the low mortgage rates


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Last updated on February 2nd, 2021 at 06:12 pmJust days after a report said nearly 18 million U.S. homeowners have good reason to refinance, now new data shows many mortgage holders are missing out on major savings. the Mortgage Bankers Association reported thatContinue Reading