"With interest rates now at their highest level in 20 years, the refi market is rapidly approaching a bottom," said Scott Happ, President of Optimal Blue, a division of Black Knight.
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Ninety Percent of Liens Have an Interest Rate Below 5%
New data from Black Knight, Inc. has found that most mortgages have a rate below 5%, which reflects current drops in refinance activity, as well as cash-out and rate/term locks.
Read More »What’s Driving Cash-Out Volumes?
Here’s what a recent analysis found on the growth in cash-out refi volumes for FHA-insured loans.
Read More »Freddie Weighs in on the Housing Market
Here’s what a Freddie Mac report recommended to ensure a robust future of the housing market that saw a subdued growth over the past quarter.
Read More »Cashing Out Through Refinance
Cash-out refinancing is being increasingly used by borrowers and homeowners looking to renovate their homes, consolidate debt, make a purchase, or even as a down payment for a ...
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