Mortgage & Refinancing Information

If your mortgage was originated in 2018, then it might be time to consider a refinance. According to new data, 80% of mortgages from last year carry an interest ...

Have you been paying attention to mortgage rates? They're the lowest in years, and they've fallen so far in a relatively short time that it might make sense to ...

Average mortgage rates rose again on Friday, as we predicted. The day made a terrible week even worse. Recent rises are scary and worrying. But don't forget, ...

The baby boomers are living up to their name. Many boomers are opting to refinance their mortgages, lowering their monthly payments, and ultimately saving ...

Low interest rates are driving mortgage refinancing to its highest level in about three years. So if you haven't yet refinanced, should you join the rush?

Maybe you've noticed: The cost of borrowing money to buy a home is way down. Current rates on a 30-year fixed mortgage are well below 4%, down from above ...

Mortgage refinances are surging thanks to low mortgage rates, which hit nearly three-year lows just last week.

By Cheryl MacCluskey. Cheryl MacCluskey. Home loan interest rates appear to be hitting new lows almost daily. As you would expect the question being asked ...

The Fed meeting of September 18th is crunch day. The Federal Reserve must decide whether to cut bank rates, a decision which can mean lower rates for ...

The average rate on the 30-year fixed is now 20 basis points higher than it was on Monday and 36 basis points higher than its last low on Sept. 4, according to ...

You've recently closed on your mortgage. But you see that mortgage interest rates have dropped. You're wondering: How soon can I refinance? Is it worth the ...

U.S. homeowners are among the unexpected beneficiaries of fears of slowing global growth that are contributing to a plunge in mortgage interest rates. A wave ...

Mortgage rates have dropped to new lows, putting a record number of homeowners "in the money" to refinance and cut their rates by at least 0.75%, says a new ...

It didn't take much to end the party in the refinance market. A small tick higher in mortgage rates caused the sudden surge in refinances to retreat just as quickly.

Refinance wait times are about to get very long. Lenders weren't prepared. Here's how to refinance without waiting 60 days or more.

Right now is as good a time as you may find to refinance your mortgage, whether for your home or a commercial property. In a piece titled “5 Reasons 2019 Is ...

SoFi can help you refinance your student loans at a lower interest rate. And, since it offers a host of other products, you can better rates on loans.

Is now the time to refinance? One way to anser this question is to use a refinance calculator to see how much you can save.

The time is still right to refinance your mortgage, especially if you bought your home within the last two years, said Mortgage Bankers Association CEO Robert ...

Refinance rates are so low that nearly 10 million people, conservatively, can save hundreds per month. Are you among those who could save?

The real-estate market is especially rate-sensitive these days.

After sinking to their lowest levels in nearly three years, mortgage rates popped back up this week. According to the latest data released Thursday by Freddie ...

Since there is no “one size fits all” reason why one may desire to refinance, the first order of business is to identify the purpose of the refi.

Mortgage rates could be headed lower after mounting pressure on the Federal Reserve to make a historic rate cut. If President Trump gets his way, the Fed ...

Average mortgage rates rose yesterday, as we predicted. But they climbed higher than looked likely first thing. And recent rises have wiped out nearly a month's ...

Average mortgage rates rose again yesterday, as we predicted. The increase wasn't as sharp as last Thursday's but it was still appreciable. Of course, rates are ...

A mere 7-basis-point increase in interest rates reduced what was a record-high number of borrowers with refinancing incentive by 2 million in a matter of days, ...

Average mortgage rates inched down on Friday, in line with our “unchanged or a little lower” prediction. That was a relief after Thursday's significant rise.

Average mortgage rates unexpectedly held steady yesterday. So you still have to go back to Aug. 13 to find as high a rate. Markets on Wednesday were pulled ...

Economic uncertainty drove mortgage rates down, according to Freddie Mac data released Thursday, with the popular 30-year reaching its lowest level in nearly ...

Average mortgage rates fell yet again yesterday. It's been an extraordinary 10 business days since the last rise. Mortgage News Daily traces recent unexpected ...

TOWN SQUARE | Because of a shorter loan term and a lower interest rate, on a $280000 loan amount, a borrower can save approximately $85000 in interest ...

Sept. 10, 2019Maybe you've noticed: The cost of borrowing money to buy a home is way down. Current rates on a 30-year fixed mortgage are well below 4%, ...

Average mortgage rates fell again yesterday, confounding our prediction. The drop was similarly small to Wednesday's. However, it was enough to set a new low ...

Average mortgage rates inched down on Friday, defying our prediction. Mortgage News Daily explained it best, talking about the “weirdness” that has ...

Average mortgage rates held steady yesterday, in line with our prediction. So they remain at their highest in more than a week. But they're still attractive, even by ...

Average mortgage rates fell again yesterday, in line with our prediction. It wasn't a big drop. But it was enough to take the average back to a point adjacent to the ...

Blue-chip companies including Apple and Disney issued bonds this week in a $75 billion debt market stampede after big yield declines in August made debt ...

Mortgage rates resumed their decline in the week ending 22nd August. 30-year fixed rates fell by 5 basis points to 3.55% following a hold at 3.6% in the week ...

Average mortgage rates moved lower on Friday, as we predicted. But the drop was only small, certainly compared with the turmoil seen in other markets.

Lower interest rates that have the power to reduce house payments are triggering a surge in mortgage refinancing activity and giving real estate agents hope ...

It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.

Average mortgage rates rose yesterday, as we predicted. But they increased only by the smallest measurable amount. And the rise should have been much ...

Mortgage rates have dropped to levels not seen since 2016, and homeowners are rushing to refinance.

Average mortgage rates held steady yesterday, in line with our prediction. Some lenders were very slightly lower and others higher by an equally insignificant ...

TOWN SQUARE | Beginning Sept. 1, FHA borrowers will now be limited to cash-out refinancing a maximum of 80 percent of their home value, down from 85 ...

Since 2008, the U.S. mortgage industry has been buffeted by a great many changes and a lot of volatility and risk in the financial markets. The chief source of risk ...

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's ...

Are you living paycheck to paycheck? Are you weighed down each month making minimum payments each on credit cards, student loans, car loans or any other ...

The rush is on to refinance. And that has many Philadelphia area brokers keeping quite busy.

U.S. mortgage refinancing is on the uptick as fears about fluctuating global markets cause a drop in interest rates, the Financial Times reported Sunday (Aug.

An underlying permanent mortgage (UPM) is a commercial loan, not a residential loan like your co-op mortgage. As such, it carries additional and different terms ...

The owners of the Chicago Cubs have locked up long-term financing on their massive redevelopment of the area outside Wrigley Field. A venture of the Ricketts ...

The average rate on the 30-year fixed is now 13 basis points higher than it was on Monday and 29 basis points higher than its last low on Sept. 4, according to ...

While the critical defect rate for closed mortgage loans fell on a quarter-to-quarter basis, there were increases in income and packaging-related deficiencies, ...

Q: My husband and I refinanced my grandparents' house because they had a reverse mortgage. My grandma had passed away and my grandpa was going ...

(Bloomberg) -- The swift move higher in Treasury rates sent mortgage duration, a measure of a bond's sensitivity to changes in interest rates, to its biggest ...

Swings in global interest rates, partly a result of the U.S. trade tensions in China, appear to be holding back some would-be borrowers, a new report from the ...

In many divorces, the marital home is one of the most valuable assets of the parties. There are three general possibilities in what to do with the…

Your marketing team excitedly presents their new social media campaigns; they've carefully thought through demographics, brand consistency and their ...

The Mortgage Bankers Association says U.S. lenders tightened their mortgage-underwriting standards in August, even as falling interest rates led to a surge in ...

Fannie Mae's Q3 2019 Mortgage Lender Sentiment Survey reports that the net profit margin outlook for mortgage lenders hit a new high, due to strong mortgage ...

Refinancing a mortgage might be a good idea, even for homeowners who bought a home in 2018. Mortgage rates have fallen so far that millions of homeowners ...

Q. My wife and I are on the verge of getting a divorce. I am on the deed to the house but I am not on the mortgage to the house. She's going to refinance the ...

Mortgage interest rates have been dropping lately. So have home prices. There are real estate deals waiting to be claimed. So that begs the question: Is the rest ...

loanDepot has announced the opening of two retail locations on Oahu and Maui, which will be led by established Hawaii mortgage industry veterans, Jason ...

Use our home improvement loan calculator to estimate monthly payments and total interest costs for a home improvement loan.

Rates for borrowers refinancing student loans have fallen dramatically, according to an analysis of more than 11000 refinancings facilitated by Credible.

President Donald Trump is pushing the U.S. Federal Reserve to drop interest rates down to nothing—or even go negative—ahead of the Fed's meeting next ...

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Refinance ...

Refinancing home loan is the process of switching from your current home loan to a new one. Learn more with our refinancing guide.

Mortgages rates hit a three-year low on Friday, August 2, when the average rate on a 30-year fixed mortgage hit 3.70%, the lowest they've been since November ...

The 30-year fixed mortgage rate recently reached its lowest levels since September 2017.

Last week's massive dip in mortgage rates apparently pushed homeowners into action. According to new data from the Mortgage Bankers Association, ...

More people are pursuing refinances as mortgage rates have dropped.

How do you get the best refinance mortgage rates? Plan ahead and have a strategy. Here's how to do it in today's low-rate mortgage marketplace.

If you're in the market for your first home or you're looking to refinance your existing one, then knowing which are the best mortgage lenders to use would be ...

You've probably heard that refinancing your mortgage can save you money. While that's true in many cases, refinancing needs be done at the right time in order ...

Nearly 6 million people can now cut their mortgage payments with refinancing.

The usual reasons to refinance are to reduce the monthly payment or to raise cash. The third option, which is under-appreciated, is to shorten the period of ...

The net profit margin outlook for mortgage lenders hit a survey high, due primarily to strong mortgage demand expectations, particularly in the refinance space, ...

Refinance rates were mixed, but one key rate ticked downward. If you're shopping for a home loan, see what that means for you.

There are a few key reasons why someone would refinance a home loan, including:Attempting to get a lower interest rate. The first and most noteworthy motiva.

While refinancing your home mortgage might sound like a good idea in theory, especially with interest rates falling, it may not always be possible for every ...

With mortgage rates falling, borrowers are primed to save hundreds per month by refinancing. Here are six steps to follow to successfully refinance your home.

Refinance rates were mixed today. See what that means for your chances of getting a better mortgage rate.

Several benchmark refinance rates slid lower today. If you're shopping for a home loan, see how your payments might be affected.

The recent drop in rates means that 5.9 million people can potentially save money by refinancing their existing home loans and securing a lower rate -- two ...

Your mortgage can cost a lot of money over time. Here's how it might just cost a little less....BAC.

Mortgage rates are near historic lows, but maybe you've heard that nagging voice, the one which says “wait just a little longer. Rates can drop lower.

As mortgage interest rates drop, homeowners could save hundreds per month by refinancing. However, it's not a smart financial decision for everyone.

Mortgage rates are the lowest they've been since 2016. Does that mean it's time to refinance your home? Well... maybe.

Interest rates are near historic lows, and one particular VA loan refinance option that is easy to qualify for can enable homeowners to save thousands on their ...

Refinance rates were mixed, but one key rate trended down. If you're shopping for a home loan, see what that means for you.

Refinance rates were mixed, but one key rate trended upward. See what that means for your refi.

Refinance rates were mixed, but one key rate slid lower. If you're shopping for a mortgage, see how your payments might be affected.

A turnaround in interest rates turned borrowers back on their heels last week, deflating a quick boom in refinance demand.

Homeowners scramble to refinance mortgages as rates hit the lowest level in 17 months. But mortgage applications for home purchase rose just 0.5%.

Purchasing a home almost always requires securing a loan from a bank or a mortgage lender. Even if you can pay cash for the property, borrowing all or part of.

Mortgage rates may be rising but there's still room to refinance your home loan. You might have heard much said about the constant rise of interest rates over the ...