Items Tagged with 'mortgage refinance'

ARTICLES

  • More than 8 million borrowers can now benefit from refinancing their mortgage

    Refi pool jumps by 1.5 million as rates fall
    Last week, Freddie Mac’s fixed mortgage rate fell to its lowest level in three years, bumping the pool of refinance candidates up significantly. At the end of June, approximately 8.2 million homeowners with mortgages could benefit from a refi, according to the latest data from Black Knight – a high not seen in more than two years.
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  • Guild Mortgage launches refi option for Airbnb hosts

    Niche offering seeks to recognize unconventional income sources
    Guild Mortgage has partnered with Airbnb to launch a refinance option for property owners who host guests through the Airbnb platform. The option allows homeowners who rent their primary residences through Airbnb to refinance their mortgage and list the money made on short-term rentals as qualifying income.
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  • MBA: Mortgage refinances drop to 18-year low

    But mortgage rates continue to increase
    Mortgage applications followed last week’s decreasing trend, falling 2.6% from last week and the refinance index dropped to its lowest level since December 2000, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 18, 2018.
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  • Mortgage applications drop 4.6%

    Drop in refinancings powers big decline
    A precipitous drop in refinancing activity led the drag on mortgage applications last week, and despite purchase activity rising, it wasn't nearly enough. Here's what happened.
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