Homeowners commonly choose to refinance for a variety of good reasons. Mostly, it is to score better mortgage terms--whether it is to lower your interest rate, shorten your term, remove mortgage insurance or any other personal benefit. According to recent news, refinances have been in high demand Read more
Factors You Need To Look Into If You Plan To Refinance Your Mortgage
Refinancing home mortgages have been gaining popularity among homeowners. While mortgage rates continue to rise, it's not surprising to get tempted to refinance a mortgage at some point. But then this move is only beneficial for certain situations.Before making a decision, it's important to Read more
Mortgage Applications Fell After 2 Weeks of Increase
In the survey ending July 28, 2017, the total volume of mortgage applications dwindled after two consecutive weeks of increase in the same month. The refinance activity also scored down slightly according to the latest survey. Survey Highlights:The Market Composite Index has decreased 2.8 Read more
Is it Possible to Refinance After a Mortgage Modification?
There are various factors to consider before you can refinance a mortgage that has been modified. After all, your loan modification was supposed to mitigate the need for a refinance and avoid the costly sum that comes with it. Your lender will look at these conditions to evaluate the possibility of Read more