Cash-out mortgages are defined as mortgages for which the new, refinanced balance is at least 5% higher than the existing loan payoff. Click for the complete post : Cash-Out Refinances Account For 21% Of All Refinance Activity.
Saturday, May 12, 2012
So long as the economy continues to stay strong, mortgage default rates nationwide should continue to drop. Click for the complete post : Mortgage Delinquency Rates Fall To 3-Year Low.
Saturday, May 12, 2012
The Mortgage Refinance Boom is ongoing. At today’s rates, you could save 29% off your mortgage interest payments. Click for the complete post : The 15-Month Refinance Boom : Save 29% On Your Mortgage.
Saturday, May 12, 2012
Real-time mortgage market updates for May 11, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers. Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 11, 2012.
Saturday, May 12, 2012
After sitting in more than dozen meetings, the mortgage industry appears to be in decent shape, but remains nervous for the future. Click for the complete post : First-Person Report : The Mortgage Bankers Association Secondary Market Conference & Expo.
Saturday, May 12, 2012
Fannie Mae reports a $2.7 billion net profit for the first quarter of 2012. Fannie Mae execs cite stabilizing home prices, fewer defaults. Click for the complete post : Rising Home Values Help Fannie Mae Post Biggest Profit Since 2007.
Saturday, May 12, 2012
Need to know if mortgage rates will rise or fall this week? Here’s your answer. Click for the complete post : Mortgage Rate Predictions For The Next 7 Days (May 10, 2012).
Thursday, May 10, 2012
17 new housing markets were identified as “improving” in May. Click for the complete post : Improving Markets Index : There Are Now 100 Improving U.S. Housing Markets.
Thursday, May 10, 2012
Is an FHA mortgage better for you than a conventional one? A quick rundown of each product and a comparison chart. Click for the complete post : FHA Mortgage Rates Vs Conforming Mortgage Rates : Which Is Better For You?.
Thursday, May 10, 2012
Real-time mortgage market updates for May 8, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers. Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 8, 2012.
Saturday, May 12, 2012
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