Another 5.5 million homeowners took advantage of low rates and record home price growth to tap available equity via cash-outs, which—as rates rise—now make up the majority of refinance activity.
Read More »Finance of America Launches New Loan Program
The new loan product will allow borrowers to refinance their primary mortgage with second mortgages for accessory dwelling units.
Read More »More Millennials Embracing Refinancing
Click through to see why a new report says lenders “should proactively reach out” to prospective buyers.
Read More »Where Mortgage Refi Applications Get the Greenlight
A new study by LendingTree found that one western state has an approval rate of more than 80%. Here’s how the rest of the nation compares.
Read More »Share of Refinances Surges Past Purchases
Ellie Mae reports that refinances accounted for more than half of all closed loans in October. How far did purchases fall?
Read More »Refinance Share Among Millennials Hits All-Time High
While refinance activity rose again, in September, how did purchase loans fare for the month?
Read More »Strong Refi Market Continues Amid Low Mortgage Rates
For the eighth-consecutive month the 30-year note fell. Click through to see how far they fell.
Read More »Mortgage Originations Expected to Decline in 2014, CoreLogic Estimates
Mortgage originations are expected to decrease by 30 percent in 2014, due to a decline in refinance activity, according to estimates from CoreLogic.
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