People decide to refinance their existing loans for varied reasons. Homeowners usually decide to apply for refinance loans either to change the current terms of their mortgage, tap the equity built from their property over the years or try to score a mortgage to a lower interest rate.But before Read more
What Should I Do First, Refinance My Home or Tie the Knot?
“I do.”This simple phrase is said by thousands every single day. Marriage is a giant leap for two people. This is not only the beginning of a lifetime commitment but a great responsibility expected from both people.It the same way, many couples tie the knot and merge their finances after Read more
Here’s What’s Coming Your Way When You Refinance
For those who have not refinanced yet, it can be confusing and complicated. However, refinancing is a good way to help homeowners afford their mortgages better. When one chooses to refinance, the ultimate goal is to save more money.To put it simply, you replace your current mortgage with a new Read more
Mortgage Applications Take a Rebound After Fourth of July Week Drop
After plunging down a week prior, mortgage applications take a rebound. On the week ending July 14, applications rose by 6.3 percent from the previous week. The Refinance and Purchase Indexes both increased in the latest weekly survey by the Mortgage Bankers’ Association. Survey Highlights: Read more
Mortgage Applications Rise with Rates
Mortgage applications volume rose on the same week that global interest rates hiked. In its latest report, Mortgage Bankers Association's Weekly Mortgage Applications Survey reported an overall increase of 1.4 percent in total mortgage applications from the week prior. The Survey The seasonally Read more
