Latest Update On Forbearance


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

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

Borrower’s Hope Rises With The Fall In Mortgage Rates


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on December 26th, 2022 at 09:34 pmFor the first time in 9-weeks, the mortgage rates have fallen. Though buying activity is limited due to rising house prices and low inventories. 30-year fixed rates were still down by 181Continue Reading

Is Refinancing Still A Good Option


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on December 26th, 2022 at 09:35 pmIn recent months, many Americans have taken advantage of the record low mortgage rates and refinanced their home.  Homeowners were able to drop their monthly payments and reduce total interest costs whenContinue Reading

Why Refinance Into A 15-Year Mortgage Is Good?


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

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?


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

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


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

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

Rocket Mortgage Integrates With Mint To Give Americans Improved Refinance Experience


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:46 amAccording to a press release – Rocket companies and Intuit’s Mint have joined forces for a first-of-its-kind partnership, integrating the fully digital mortgage experience of Rocket into the Mint app via API.  The companies are hopeful that the integrationContinue Reading

Can lenders handle the refinance volume?


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:05 amLOs, mortgage executives, and economists say all the conditions are right for a string of even bigger quarters, with refinancing driving a record of $ 1.1 trillion in originations in the secondContinue Reading

Is refinance still a good option when you are halfway through your mortgage payment?


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on November 29th, 2021 at 01:31 pmWith the historically low-interest rates, homeowners who are well into repaying their mortgages are in a dilemma: Does it make sense to refinance, when their balance is half or less than whenContinue Reading

Credit score for Mortgage Refinance


Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 10:20 amIf refinancing your home is in your mind then setting your financials in order is what you need to work on.  Especially you may need to increase your credit score, pay offContinue Reading