Heading into the fall last year, the average 30-year fixed mortgage rate slipped to a low of 6.07% by September 17, 2024, as the market reacted to weaker-than-expected labor market data. At that point ...
The Mortgage Bankers Association conducts a weekly survey on the level of mortgage applications, both for purchases and refinances. Both data series continue to be a tale of two decidedly different ...
The rate on a 30-year fixed refinance rose to 6.22% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.32%. On a 20-year mortgage refinance, the ...
Mortgage application activity declined again last week as refi demand continues pulling back after the surge in mid September. According to MBA’s Weekly Applications Survey for the week ending October ...
The refinance experience is only as fast as its slowest step, and title insurance has traditionally been one of the least understood steps in the process – and, therefore, perceived as one of the most ...
A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...
The last mile of the consumer’s mortgage origination journey — scheduling and signing — is often where frustration peaks for borrowers. In our digital-first world, few consumers expect unclear and ...
GFP Real Estate has closed on an $86.5 million refinance for 515 Madison Avenue, also known as the DuMont Building, a ...