Record-low refinance rates are still available in spite of FHFA fee
Mortgage News: The average APR for refinances is still around 3%, defying expectations that the FHFA fee would drive it higher.
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Mortgage News: The average APR for refinances is still around 3%, defying expectations that the FHFA fee would drive it higher.
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Mortgage News: With housing demand on the rise, and looming COVID-19 shutdowns, we’re already seeing a wider adoption of virtual homebuying solutions.
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Mortgage News: As high homebuying demand and low inventory drive home values to record highs, cash-out refinancing could spell relief for cash-strapped homeowners.
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Mortgage News: The Federal Reserve intends to keep interest rates near zero in an effort to speed economic recovery.
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Mortgage News: Over 19 million homeowners have the chance to save by refinancing as rates continue to hit historic lows.
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Mortgage News: Vacation destinations nationwide are turning into "Zoom towns" as remote workers flee cities and move there in waves
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Mortgage News: The FHFA and HUD extended their foreclosure protections until the end of 2020, offering relief for homeowners struggling to pay their mortgages.
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Mortgage News: FHFA delays new refinance fee to December after backlash from Congress and the mortgage industry.
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Mortgage News: A new FHFA fee will raise the cost of refinancing in September despite criticism from the White House and industry leaders.
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Mortgage News: Job growth is slowing, stimulus talks are stalling, and COVID-19 spikes are pausing reopenings. So why are mortgage rates still so low?
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Mortgage News: With growing demand meeting a dwindling supply of available homes, the housing market could continue its explosion well beyond summer.
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Mortgage News: The housing market is recovering quickly, while the broader economy lags behind. Here’s what that could mean for homeownership in America.
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Mortgage News: Mortgage rates continue to break records, but how far can they fall? There is, in fact, a hard limit; here’s what applicants need to know.
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Mortgage News: With mortgage rates near all-time lows, more Americans than ever stand to lower their monthly payments with a refinance. Find out if you’re among them.
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Mortgage News: As the number of loans that are delinquent or in forbearance climbs back up, historically low mortgage rates may fluctuate.
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Mortgage News: Low rates combined with low home prices spell opportunity for young first-time homebuyers flocking to less populated areas.
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Better Mortgage News: While good and bad news caused interest rates to fluctuate this week, Federal Reserve actions bode well for low rates through 2022.
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Better Mortgage News: With 2.5M jobs recovered in May, welcome news for the economy could mean higher mortgage rates.
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Better Mortgage News: Increased demand for single family homes in less dense areas could mean higher price tags for first-time homebuyers.
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Better Mortgage News: A surprising number of homeowners with mortgages in forbearance are still paying on time.
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