Refinance Rate Lock Volume Has Dropped by More Than 60 Percent Over the Past 12 Months

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In: Refinance News

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Rate lock volume has fallen more than 60% over the past 12 months as they struggled under the weight of high mortgage rates which ended at 7.06% in October.  The refinancing market is bottoming out as interest rates rise. AccordingContinue Reading

Know More About Digital Refinance

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In: Refinance News

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Demand for housing remains strong as mortgage rates continue to rise, but refinancing applicants are declining rapidly.  With the average 30-year mortgage interest rate well above 5%, mortgage lenders see fewer customers wanting to refinance.  In a low-demand market, lendersContinue Reading

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

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In: Refinance News

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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

Top 5 Reasons Why Your Mortgage Payments Could Change

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In: Refinance News

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Justifications for Why Your Monthly Mortgage Payment Might Change If you’re accustomed to paying a similar sum for your mortgage consistently and the bill transforms, it very well maybe because of a blunder, or there may be another clarification.  TheseContinue Reading

Top 8 Mortgage Refinance Checklist

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In: Refinance News

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Last updated on April 6th, 2022 at 04:49 pmWith the Federal Reserve raising its rate for government assets by 0.25% (and more rate climbs expected) and huge banks reflecting this increment, this present time is a decent opportunity to refinanceContinue Reading

2 Drawbacks of Mortgage Refinance that are Facts

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In: Refinance News

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Refinancing a home mortgage regularly seems OK on the off chance that you can lessen the interest rate you’re paying on your loan.  Since your new mortgage loan specialist will charge less for the honor of getting, you might haveContinue Reading

Better.com to Layoff - Announces More Layoff to Cut The Costs

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In: Refinance News

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Online-mortgage bank Better is terminating approximately 3,000 workers in the U.S. what’s more, India as increasing financing costs burden the volume of new home loans.  The complete addresses around 35% of the organization’s labor force, as indicated by an individualContinue Reading

Relief Programs Available in California for Mortgage and Rent

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In: Mortgage News

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As many individuals keep on striving monetarily in the pandemic, programs in California are offering help to help property holders who are behind on their home loan installments, as well as leaseholders who are falling behind. Dive deeper into theseContinue Reading

How Does Home Remodeling Work With Mortgage Refinancing

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In: Refinance News

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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

Homeowners Impacted by COVID-19 In Alabama Get New Mortgage Relief Programs

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In: Refinance News

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MONTGOMERY, Ala. (WTVM) – The Alabama Housing Finance Authority has sent off a home loan alleviation program to help mortgage holders affected by the COVID-19 pandemic. The new program, Mortgage Assistance Alabama, is financed by the Homeownership Assistance Fund laidContinue Reading