If you have considered refinancing your 30-year home loan but don’t want to start the clock again and pay your mortgage for another 30 years, then an alternate loan term may be for you. The Mortgage Bankers Association (MBA) reports an increase in the number of refinancing homeowners who opt for a loan term other [...]
The majority of mortgage applications these days are for homeowners refinancing their home loans, according to the Mortgage Bankers Association (MBA). Refinancing borrowers tend to pick a fixed-rate home loan and many are also choosing to shorten their loan terms. The MBA’s Refinance Index for the week ending February 10, 2012 showed that refinance applications [...]
Mortgage rates reached record lows for 30-year fixed-rate home loans, 15-year fixed-rate home loans and for a 5/1 adjustable rate mortgage last week and homeowners jumped at the opportunity to refinance. Applications for a mortgage refinance increased 9.4 percent during the week ending February 3, 2012 compared with the previous week, according to the Mortgage [...]
While mortgage rates stayed low last week, fewer homeowners applied for a home refinance. One possible reason may be that home prices remain flat or have dropped in 19 of 20 cities, according to the S&P/Case-Shiller Home Price Index. The Refinance Index, which reports how many homeowners apply for a mortgage refinance each week, dropped [...]
The spike in mortgage applications during the week ending January 13, 2012 was followed by a dip in the number of applications last week, according to the Mortgage Bankers Association (MBA). Mortgage rates also rose slightly last week. While mortgage applications may have declined because of the slight uptick in mortgage interest rates, the decrease [...]
The Mortgage Bankers Association (MBA) reported that applications for a mortgage refinance rose by 26.4 percent during the week ending January 13, 2012 compared to the previous week. The MBA’s Refinance Index reached the highest level since August 8, 2011 and the refinance share of mortgage applications rose to 82.2 percent. “Interest rates dropped last [...]
If your New Year’s resolution was to apply for a mortgage refinance, you are not alone. More refinancing applications were completed during the first week of 2012 than during the holiday season, even when adjusted for vacation days. The Mortgage Bankers Association (MBA) reported that for the week ending January 6, 2012, the Refinance Index, [...]
Need A Free, No Obligation Quote From a Top Mortgage Broker?
Even if you know the dangers of mortgage refinancing and how to pick the best mortgage broker, picking a mortgage broker can be a difficult and daunting task. That's why we decided to do the hard work for you.
Our team of researchers looked at the all the online brokers in the US and tested their ability to provided a honest and exceptional service. Above all we looked for ethical practices and a dedication to getting the best deal for their customers.
To get a free, no obligation, quote just fill the form below and click start now.
3.67 %
2.86%
2.32%
Those in the housing industry believe they're starting to see it come back. While home prices may not have hit bottom, they all believe it's a great time to buy. Read More>>
5 good reasons to refinance your home with an FHA mortgage Should you consider cash-out refinancing?
If you are a good credit risk, always pay your mortgage on time and have a steady income, you may have received a refinance offer from your mortgage lender. Before you agree to the offer, though, you Read More>>
Mortgage rates dip lower Refinance activity and home prices decline
