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Mortgage refinancing jumps 20% to begin the year

The number of people intent on purchasing a home rose in the past week by 8%......»»

Category: topSource: foxnewsJan 13th, 2021

NewsWatch: Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?

Meanwhile, low interest rates are expected to keep mortgage refinancing volumes high throughout the year......»»

Category: topSource: marketwatchApr 15th, 2020

Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?

Meanwhile, low interest rates are expected to keep mortgage refinancing volumes high throughout the year......»»

Category: topSource: marketwatchApr 15th, 2020

Should I refinance my house? Mortgage rates drop to 50-year low as coronavirus spreads across the U.S. — and the world

There’s been a wave of refinancing activity as the average rate for a 30-year fixed-rate mortgage fell to a 50-year low of 3.29% this week amid concerns related to the coronavirus outbreak......»»

Category: topSource: marketwatchMar 6th, 2020

Should I refinance? Here are 5 factors to consider before you refinance your mortgage

There’s been a wave of refinancing activity as the average rate for a 30-year fixed-rate mortgage fell to an all-time low of 3.29% this week amid concerns related to the coronavirus outbreak......»»

Category: topSource: marketwatchMar 6th, 2020

Market Extra: How the mortgage refinancing boom helped drive the 10-year yield to a record low

Investors say the wave of refinancing that comes with every decline in long-term Treasury yields can end up self-reinforcing the Treasury rally......»»

Category: topSource: marketwatchMar 5th, 2020

Mortgage rates rise slightly from three-year lows — here’s why low rates won’t help home buyers very much

Ultra-low interest rates have sparked another boom in mortgage refinancing activity, but home buyers may not reap as much benefit......»»

Category: topSource: marketwatchFeb 13th, 2020

4 key questions to ask now before you decide to refinance your mortgage

With 30-year mortgage rates at historic lows, more homeowners are refinancing. But before you sign on the dotted line, ask yourself these four key questions......»»

Category: realestateSource: cnbcJan 16th, 2020

Higher Mortgage Loan Rates Last Week Quelled Refinancing

Mortgage loan rates rose last week, with conventional 30-year fixed mortgages topping 4%. Refinancings were down sharply......»»

Category: blogSource: 247wallstOct 23rd, 2019

Falling Mortgage Loan Rates Boost Refinancing While Demand for New Loans Ticks Down

Mortgage loan rates on a 30-year fixed-rate loan dropped last week and home mortgage refinancing posted a second consecutive double-digit increase......»»

Category: blogSource: 247wallstOct 9th, 2019

People who bought homes in the past 2 years could see "significant" savings by refinancing now

Home loan rates are down about 1.25% from their 2018 peak, "which can translate to $2,200 a year in savings on a $250,000 mortgage," says Mortgage Bankers Association CEO Robert Broeksmit......»»

Category: realestateSource: cnbcAug 28th, 2019

U.S. home refinancing activity hits three-year high: MBA

U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since late 2016, the Mortgage Bankers Association said on Wednesday......»»

Category: topSource: reutersAug 21st, 2019

Mortgage rates rest near historic lows as the specter of a recession roils markets

Mortgage demand has reached a three-year high as low rates have revived interest in refinancing......»»

Category: topSource: marketwatchAug 15th, 2019

More than 8 million homeowners are leaving big money on the table by not refinancing

Mortgage rates have been on a roller coaster for the last year, but now they're sitting at the bottom of the track, and that is giving a major boost to the number of borrowers who can benefit from a refinance......»»

Category: realestateSource: cnbcJul 1st, 2019

Nearly 6 Million People Can Now Cut Their Mortgage Payments With Refinancing

(TNS)—The average interest for 30-year fixed-rate mortgage.....»»

Category: realestateSource: rismediaJun 10th, 2019

Mortgage refinancing jumps as rates tumble but loans for home purchases drop again

Mortgage rates fell for the fourth straight week leading to a surge in refinancing. But mortgage application.....»»

Category: topSource: usatodayMay 22nd, 2019

Why Home Refinance Loans Are Slipping

Applications for mortgage refinancing fell to a 22-year low in 2017 and the outlook for 2018 is not upbeat......»»

Category: blogSource: 247wallstApr 12th, 2018

Analysis: Record refinancing rate points to possible new big housing bubble

While mortgage refinance rates have declined to an 8-year low, activity is still at an astonishingly high 36%. In other words, 36% of all new mortgage applications are refis.    .....»»

Category: topSource: usatodayMay 21st, 2018

Home refinancing falls to lowest level since 2000

U.S. applications to refinance an existing home mortgage fell to their lowest level in 17-1/2 years as 30-year borrowing costs climbed to their highest levels in more than seven years, the Mortgage Bankers Association said Wednesday......»»

Category: topSource: moneycentralMay 23rd, 2018

Refinancing your mortgage like this couple did could pay off — see how

Although many homebuyers opt for a 30-year mortgage, if you can afford the higher monthly payments, you'll save thousands in interest payments with a 15-year loan. Check out this couple's story if you want to save big......»»

Category: topSource: moneycentralJun 26th, 2018

Mortgage applications fall, as refinancing hits 20-year low

A significant drop in mortgage interest rates was not enough to entice homeowners to refinance their loans last week......»»

Category: topSource: moneycentralJul 4th, 2018