Tag Archives: Refinancing

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 ...

Mortgage balances, which form the largest component of household debt rose substantially, even as median credit scores of newly originating borrowers declined during the last quarter of 2017 ...

Home purchase originations are expected to boom next year, with an October MBA report forecasting $1.2 trillion in purchase originations for 2018 (a 7.3 percent increase over 2017). ...

Is one loan type getting more love than the others during this refinancing surge?

Millennials are a lot sharper in their approach to using their money than some might think. It turns out younger borrowers know how, and when, to refinance.

A new report shows refinancing is continuing its downward trend, declining for the third month in a row this year. Just 37 percent of all closed loans in March were refinance loans. The report also shows closing times down and FICO scores up, particularly on conventional loans.