Tag Archives: Refinance Loans

Borrowers with lower credit scores paid much more in additional costs to get a mortgage according to a report. Here’s how credit profiles affected loan prospects for borrowers.

The mortgage rates, which are usually responsible for the rise or fall in mortgage applications, have remained stable for a few weeks now. Yet, mortgage apps decreased 1.1 ...

Purchase loans are up and refis are down according to a recent report. Refis are down significantly over the past six months, while purchase loans are on the rise. Time to close is also narrowing for the month on both purchase and refi loans, averaging just 41 to 42 days per loan.

t’s no secret that interest rates are in flux and will likely rise in 2017 as we transition with the new administration. What will be the implications of rising interest rates for lenders and their customers?