Refinance lending sunk 36% in the second quarter, mainly caused by rising rates. Click through to see the latest numbers and get insights from ATTOM’s Rick Sharga on the news.
Read More »8.8M Borrowers Have Saved $14B By Refinancing
Since the start of the pandemic, homeowners have reduced their mortgage payments by more than $1.3 billion per month through rate and term refinances.
Read More »Refi Populations Drops as Mortgage Rates Increase
How many people lost eligibility for refinancing following just a 0.5-point increase in mortgage rates?
Read More »Mortgage, Refinance Activity Sees a Spike
The Mortgage Bankers Association (MBA) reports that the volume of mortgage applications for the week ending August 2 increased 5.3%. Also seeing a spike was refinance activity, which ...
Read More »The Refinancing Factor
Falling mortgage rates caused the volume of mortgage applications to rise 1.5% since last week, according to a report by CNBC. The report states the increase was mostly ...
Read More »Thousands of HARP-Eligible Borrowers are ‘in the Money’
The FHFA's Home Affordable Refinance Program is expiring in September 2017, and there are still many borrowers with GSE-backed loans who are eligible and who would benefit economically from the program.
Read More »Refinanceable Population Takes Another Big Hit
Mortgage interest rates are at their highest level of 2016, causing the number of borrowers with an incentive to refinance to drop substantially. What effect will the shrinking refinanceable pool have on the market?
Read More »Equity is On Tap, and Homeowners are Cashing Out
U.S. residential properties have been regaining equity in their homes at a substantial rate since negative equity peaked in 2012, and homeowners are finding a way to use all that equity.
Read More »Market May Be Primed for Origination Spike
Analysts believe everything is in place for mortgage originations to finish big in 2016.
Read More »The Ever-Shrinking Pool of Refinance Candidates
The data shows that the mortgage rates of most current homeowners are low enough to where refinancing would not make financial sense. It turns out that it might not make sense for borrowers with higher interest rates, either.
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