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Home Mortgages: Should You Apply Now?If you're thinking about applying for a new mortgage or refinancing your current mortgage, you might want to take action now. In its survey this week (the week of Aug. 1), Freddie Mac, the corporation that finances many of the country's mortgages, reported that rates on 30-year, fixed-rate mortgages rose to a nationwide average of 5.82 percent. This represents the fifth week in a row that the rate on fixed-rate mortgages has gone up. This increase put the rate is at its highest since it averaged 5.91 percent for the week ending April 14. That's the not-so-good news. The good news is that rates on 30-year mortgages are still reasonable and have, in fact, stayed below 6 percent for all but two weeks this year. This, of course, would be for a new mortgage. If you are thinking of refinancing your current mortgage, you might want to look into a 15-year, fixed rate mortgage. The rates on these mortgages averaged 5.38 percent this week. This compares with an interest rate average of 5.34 percent last week. Frank Nothaft, Freddie Mac's chief economist, has said that "Long-term mortgage rates will more than likely rise over the next few months." Also, the Federal Reserve is expected to continue to increase a key short-term interest rate. It has increased this rate ten times since it began to tighten credit in June of 2004 and is expected to continue to increase this rate. Keep in mind that the nationwide interest rate averages quoted here do not include add-on fees known as points. Both 30-year and 15-year fixed-rate mortgages currently carry an average fee of 0.6 point Last year at this time, 30-year mortgages had an average interest rate of 5.99 percent and 15-year mortgages were at 5.40 percent. This means that right now, your interest rate on a new mortgage would probably be slightly less than a year ago. So, if you need a new mortgage or want to refinance your existing mortgage, now could be a pretty good time. For FREE help with debt and credit, subscribe today to Douglas Hanna's free email newsletter "8 Simple Steps to Debt Relief" at http://www.all-in-one-info.com.
 MORE RESOURCES updated Wed. April / 24 / 2019
Mortgage rates are low. Here's how to figure out if you should refinance NBC News Low mortgage rates have many people thinking about buying a new home or refinancing their current mortgage. Mortgage refinance boom goes bust as rates shift higher CNBC A turnaround in interest rates turned borrowers back on their heels last week, deflating a quick boom in refinance demand. Mortgage application volume fell ... Homeowners are rushing to refi mortgages as rates drop The Real Deal Homeowners throughout the country are looking to refinance their mortgages thanks to lower borrowing costs, contributing to a sharp government bond rally. These are the best (and worst) reasons to refinance your mortgage Bankrate.com Whether you've owned your home for a short time or you've had your mortgage a bit longer, a mortgage refinance involves careful consideration. After all, you'll ... Refinance mortgage rates mixed for Monday Bankrate.com Refinance rates were mixed today. If you haven't locked a refi yet, see how your future mortgage payments could be affected. Mortgage rates are low. Here's how to figure out the best plan for your budget CNBC The recent drop in mortgage rates may have you dreaming of buying a new home or refinancing your current house. But first, you need a plan. 5 million homeowners suddenly "in the money" to refinance | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports Millions of homeowners could now save each month on their mortgage payments, according to a new report. That's because they're suddenly “in the money” to ... Refinance mortgage rate eases for Monday Bankrate.com Refinance rates were mixed, but one key rate slid lower. See what that means for you if you're in the market for a home loan. Refinance mortgage rate dips for Saturday Bankrate.com Refinance rates were mixed, but one key rate declined. See what that means for you if you're in the market for a home loan. Refinance mortgage rates mixed for Saturday Bankrate.com Refinance rates were mixed today. See what that means for you if you're in the market for a mortgage. Refinance mortgage rate slides for Wednesday Bankrate.com Refinance rates were mixed, but one key rate declined. If you're in the market for a mortgage, see what that means for you. Refinance rates move higher for Wednesday Bankrate.com Multiple key refinance rates notched higher today. See what that means for your refinance. Here's how many borrowers should refinance after the recent drop in mortgage rates HousingWire Mortgage rates fell 22 basis points last week to 4.06%, an event that will likely be a gamechanger for the refinance market. According to the latest report from ... Refinance rates decline for Tuesday Bankrate.com Multiple closely watched refinance rates decreased today. See what that means for you if you're in the market for a home loan. As mortgage rates drop, originations in refi territory could double National Mortgage News If mortgage rates fall below 4%, it could more than double the dollar volume of agency mortgages exposed to refinancing incentive, analysts at Keefe, Bruyette ... Refinance rates rise for Friday Bankrate.com Multiple closely watched refinance rates notched higher today. See what that means for you if you're in the market for a home loan. Refinance rates dip for Monday Bankrate.com Several benchmark refinance rates were down today. If you're in the market for a home loan, see what that means for you. Mini refinancing boom is a boost for lenders The Real Deal There has been a mini surge in mortgage and refinancing applications spurred by falling mortgage rates, the Wall Street Journal reports. Saudi Real Estate Refinance Co plans up to 4 bln riyal sukuk sale... Reuters Saudi Real Estate Refinance Co (SRC), modelled on U.S. mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ($1.07 billion) of long-term sukuk ... Did you refinance your home mortgage last year? You can still qualify for often-overlooked deductions MarketWatch f you refinanced your home mortgage last year, you may be in line for some often-overlooked tax deductions on your yet-to-be-filed 2018 Form 1040. Refinance rates ratchet higher for Friday Bankrate.com Several closely watched refinance rates advanced today. If you're in the market for a home loan, see how your payments might be affected. Quicken Loans will now let Vrbo hosts use rental income to refinance their mortgage HousingWire A little over a year ago, Airbnb partnered with some of the nation's largest mortgage players, including Fannie Mae and Quicken Loans, to allow hosts using the ... Refinance rates rise for Thursday Bankrate.com Multiple closely watched refinance rates trended upward today. If you're in the market for a refi, see how your future mortgage payments could be affected. Refinance rates ease for Thursday Bankrate.com Several closely watched refinance rates fell today. See what that means for your chances of getting a better mortgage rate. Mortgage rates continue to nose-dive as 30-year fixed experiences biggest one-week drop in a decade The Washington Post Just a handful of months ago, mortgage rates were soaring. Now they are sinking. According to data released Thursday by Freddie Mac, the 30-year fixed-rate ... Important mortgage rate dips for Tuesday Bankrate.com Mortgage rates diverged today, but one key rate declined. See what that means for you if you're in the market for a mortgage. Refinance rates trend higher for Wednesday Bankrate.com Several closely watched refinance rates notched higher today. If you're in the market for a home loan, see what that means for you. Mortgage rates drop for Tuesday Bankrate.com Multiple key mortgage rates were down today. If you're shopping for a mortgage, see what that means for you. Weston: How debt 'solutions' could dig you in deeper DeKalb Daily Chronicle Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans ... How to Get a Mortgage for a Rental Property U.S News & World Report Money Mortgages for a rental property are different from home loans for your primary residence. For example, the interest rates for a rental property may be higher. Refinance rates slide for Friday Bankrate.com Several key refinance rates decreased today. See what that means for you if you're in the market for a mortgage. Mortgage rates up for Friday Bankrate.com Multiple benchmark mortgage rates climbed today. If you're shopping for a mortgage, see what that means for you. Refinance rates trend higher for Monday Bankrate.com Several key refinance rates floated higher today. See what that means for you if you're in the market for a home loan. Liz Weston: How debt 'solutions' could dig you in deeper New Jersey Herald Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans ... Fannie Mae High Loan-To-Value Refinance Option (HLRO) Guildelines, Rates, and Eligibility for 2019 The Mortgage Reports The new Fannie Mae High LTV Refinance Option allows homeowners to refinance into today's low rates even if they little or no home equity. No appraisal is ... Refinance rates tick lower for Friday Bankrate.com Several benchmark refinance rates trended down today. If you're shopping for a refinance, see what that means for you. Mortgage rates today, April 2, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports Average mortgage rates rose again yesterday, as we predicted. However, they moved up much more sharply than expected. It was a bad day. Markets yesterday ... Refinance rates drop for Saturday Bankrate.com Several key refinance rates sunk lower today. If you're shopping for a refi, see how your payments might be affected. Mortgage rates taper off for Friday Bankrate.com Several benchmark mortgage rates dropped today. See what that means for you if you're in the market for a mortgage. Are 3% mortgage rates in our future? For some, they are already here | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports Three percent mortgage rates are a real possibility in 2019, and in fact, already here for some borrowers, according to The Mortgage Reports daily survey. Mortgage Rates Continue to Fall – Market Update Zing! Blog by Quicken Loans Those in the market for a mortgage got a gift from the Federal Reserve last Wednesday. Unfortunately, the stock market wasn't nearly so happy. Lower Mortgage Rates No Relief For U.S. Home Sales Seeking Alpha Across the US, sales of existing homes in March dropped 5.4% from March last year to a seasonally adjusted annual rate of 5.21 million homes, according to the ... Facing retirement with parent student loans? Transfer them to the kids Los Angeles Times It's not wise to use retirement funds to pay down student loans taken out on behalf of your children. Consider refinancing the debt so that the graduate can take ... Mortgage rate plunge lowers a no-cost, 30-year fixed refi to 3.9% OCRegister What's up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary. From Freddie Mac's weekly survey: ... I Got an Adjustable-Rate Mortgage and Wow, What a Ride! Realtor.com News I got an adjustable rate mortgage, or ARM—and here's how this decision impacted our finances over five, 10 years—and beyond. Saudi Real Estate Refinance Co. plans up to $1.07bn sukuk sale this year Arab News RIYADH: Saudi Real Estate Refinance Co. (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ($1.07 billion) of ... Home equity lines of credit can be the key to your next home improvement project Journal Times Have you been thinking about remodeling the bathroom, adding a deck or renovating the upstairs attic into a bedroom? It's fun to dream, but coming up with the ... Inside Destiny USA's mortgage emergency: Crisis or hardball bargaining? syracuse.com A deadline looms for Pyramid to pay the shopping mall's $430 million mortgage. Fannie Mae: Residential Investment, Home Sales Will Improve in 2019 Mortgage News Daily For the second month in a row we find ourselves stating that Fannie Mae's forecast, while still predicting a slowdown in economic growth this year, appears ... Mortgage rates today, March 26, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports Yesterday was another good day for average mortgage rates. As we predicted, they fell again, but nothing like as sharply as they did on Friday. Still, the ... Jumbo Loan Calculator NerdWallet NerdWallet's jumbo loan calculator lets you input the home price, down payment and interest rate. The results show how much you'll pay in principal and interest ... Struggling widow’s big win over Westpac in mortgage battle 9news.com.au A widow who battled with Westpac for years over a painfully high interest rate to her mortgage has had a big win after the bank apologised. Tracey Lewis's late ... Mortgage refinancing spree becomes a race against the clock Bankrate.com Some 2.43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data ... The Best Affordable Credit Monitoring Services for 2019 Benzinga Find the best credit monitoring *service* to suit your needs, based on your budget, financial goals, credit history and more. Why the world’s biggest bond investor is dismissing the yield curve’s recession warning MarketWatch Pimco's chief investment officer says the U.S. is unlikely to see a recession this year. Saudi Real Estate Refinance Co plans up to 4b riyal sukuk sale gulfnews.com SRC, formed in 2017, is also keen to tap foreign institutional investors. Refinance Your Mortgage Quickly: Prequalify in Just 3 Minutes Credible News Let us do the heavy lifting for you. Compare rates from multiple lenders with no impact to your credit score. Refinance your mortgage with peace of mind. Non-QM, HELOC Products; Specified Pool Primer; LO Comp and Licensing Update Mortgage News Daily Remember NINA loans from 10-15 years ago where the lender would purposely discard anything in the file dealing with income because underwriters didn't ... Sierra Pacific Mortgage Brings on Moore Lending Group GlobeNewswire Bonita Spring, FL, April 24, 2019 (GLOBE NEWSWIRE) -- Sierra Pacific Mortgage Company, Inc., is excited to announce that the Moore Lending Group has ... Washington Prime Group Announces Execution of $180M Non-Recourse Mortgage Note Secured by Waterford Lakes Town Center Associated Press Press release *content* from Globe Newswire. The AP news staff was not involved in its creation. No-income, no-asset mortgages are back (at one lender, at least) HousingWire Back in the Wild, Wild West era of mortgage lending before the housing crisis, NINJA loans (loans given to borrowers with no income, no job, and no assets ... What to consider before determining whether to refinance your mortgage Washington Post REAL ESTATE MATTERS | For a home-run refinance, try to find a deal that helps you do these four things: lower your interest rate, shorten your loan term, lower ... How people feel about algorithms has become the new digital divide Quartz There's a widening gap between those who trust artificial intelligence algorithms and those who are navigating away from them. 5 Signs It's Time To Refinance Your Mortgage Forbes You've probably heard that refinancing your mortgage can save you money. While that's true in many cases, refinancing needs be done at the right time in order ... OpEd: Affordable Housing Requires A New Shape For The Mortgage Industry Africa.com There are two essential parts to achieving affordable housing: building decent, low-cost homes, and developing a housing finance market that enables ... Mortgage refinance applications hit 18-year low CNBC Mortgage refinance applications hit an 18-year low. With no major move in interest rates and continued weakness in home affordability, there was not a lot of ... Still haven’t refinanced your mortgage? You still have an opportunity to save big Bankrate.com Mortgage rates seem to be the only thing that's affordable in today's low-inventory, high-priced housing market. This is good news for both homebuyers and ... The main reason to refinance your mortgage: Save money Chicago Tribune A substantial drop in interest rate on a fixed rate mortgage could save you money with a refinance. But you must factor in closing costs on the transaction. Cash-out mortgage refinancing: Here’s where homeowners are using it most Bankrate.com Homeowners who snagged a low-interest mortgage in recent years generally avoid refinancing the loan because interest rates are higher now. When they need ... Refinance rates slide for Tuesday Bankrate.com Multiple closely watched refinance rates receded today. If you're in the market for a home loan, see what that means for you. Here's where borrowers get the best refinancing deals YourMortgage.com.au Borrowers in this NSW suburb enjoy the biggest rate discounts after refinancing. Mortgage rates drop below 4.5%. Homeowners scramble to refinance | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports There is a quiet refinance boom brewing, as mortgage rates sink to 9-month lows. Not since April 2018 have rates been this low. Freddie Mac, in its weekly ... 6 Benefits of a Good Credit Score U.S. News & World Report A good credit score can help you qualify for a new house, an increased credit limit on your credit card and be a great indicator to others that you are responsible ... How should I apply for a mortgage refinance: in person, by phone or online? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports You can apply for a mortgage refinance in person, over the phone or online. Just make sure that the company is legitimate before providing personal information ... Greystone Provides $7.5 Million Freddie Mac Loan to Multifamily Property in Charlotte, North Carolina MultifamilyBiz.com NEW YORK, NY - Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $7.5 million Freddie Mac Small ... Refinance rates ease for Friday Bankrate.com Multiple benchmark refinance rates ticked downward today. If you're in the market for a mortgage, see what that means for you. How to refinance to pay off a mortgage faster | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports You probably have a number of ways to pay off a mortgage faster. You can refinance to a shorter term, pay more on your existing mortgage or free up your ... Should You Refinance Your Mortgage? Forbes Evidently many mortgage borrowers fail to understand that mortgage refinances have a variety of possible purposes, and their success depends on a variety of ... Quarter of a million will struggle to refinance interest-only mortgages in next five years – Kensington Mortgage Solutions By January 2024, a quarter-of-a-million Britons will have reached the repayment date for their interest-only mortgage without being able to find a new deal ... Refinance mortgage rates mixed for Tuesday Bankrate.com Refinance rates were mixed today. If you're in the market for a refi, see how that could affect you. Mortgage application increase led by higher refinance volume National Mortgage News Mortgage applications increased last week but unlike the prior period, it was driven by refinance volume as interest rates fell to a one-year low, according to the ... Refinance mortgage rate moves lower for Wednesday Bankrate.com Refinance rates were mixed, but one key rate trended down. If you haven't locked a refi yet, see how your payments might be affected. Home Loan Rates & Mortgage Rates Predictions: Expect a solid spring buying season with lowest rates- Sun Apr 21 TheOofy.com Experts predict to have a stable and no change in home loan rates this year. However, this will not be confirmed until the the Fed's meeting. Couldn't qualify to refinance last year? Lenders more likely to say yes in 2019 | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports If you have been wanting to refinance but had a hard time getting approved, 2019 might be your year. Lenders are allowing higher debt-to-income ratios, ... Current Mortgage Rates Hit 52-Week Low: How does the FED affect current mortgage rates?- Mon Apr 22 - Mortgage interest rates forecast, mortgage interest rates trend - News TheOofy.com The Federal Reserve announced that they have no plans of increasing current mortgage rates. Find here how it affect the housing industry. My second mortgage rate is too high! What should I do? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports If your second mortgage rate is too high, you have many options. The trick is to identify the best one. Here's how you can do that. Refinance rates retreat for Monday Bankrate.com Multiple benchmark refinance rates tapered off today. If you're in the market for a mortgage, see how your payments might be affected. New VA rules aimed at curbing predatory lending for cash-out mortgage refinances Bankrate.com An interim final rule on VA-guaranteed cash-out refinance loans was published on February 19 to protect borrowers from predatory lenders. The rule executes ... Factors to weigh when considering whether to refinance your home Washington Post Q: I was offered a mortgage “recast” and I need help evaluating if it is a sound financial move. My home is worth $250,000. I owe about $68,000, as I have been ... Freddie Mac Enhanced Relief Refinance (FMERR) 2019 guidelines, rates, and benefits | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports The Freddie Mac Relief Refinance Program (FMERR) allows homeowners to refinance with little or no home equity. Home value dropped since you purchased? Refinance mortgage rate moves higher for Monday Bankrate.com Refinance rates were mixed, but one key rate trended upward. If you're in the market for a mortgage, see how your payments might be affected. Refinance rates fall for Wednesday Bankrate.com Multiple benchmark refinance rates declined today. Nationwide averages for 30-year fixed and 15-year fixed refinances both slid down. The average rate on ... When Is a Cash-Out Refinance Loan a Good Idea? U.S News & World Report Money Tapping the equity in your home to get cash can be a smart move, but only if the cash is used for the right purpose. Ellie Mae: Millennials' interest in mortgage refinance spikes HousingWire In January, slightly lower interest rates led to Millennial homebuyers increasing their requests to refinance their mortgages. In fact, according to Ellie Mae's latest ... Mortgage refinance applications decline to 18-year low: MBA National Mortgage News Mortgage applications decreased 1.8% from one week earlier as refinance submissions fell to their lowest in nearly 18 years, according to the Mortgage Bankers ... Refinance mortgage rate advances for Tuesday Bankrate.com Refinance rates were mixed, but one key rate floated higher. See what that means for your chances of getting a better mortgage rate. Mortgage applications fall, as refinancing hits 20-year low CNBC A significant drop in mortgage interest rates was not enough to entice homeowners to refinance their loans last week. Credible Expands Their Marketplace Into Mortgage Refinancing Lend Academy Credible made a name for themselves in student loans. They are the first and largest marketplace for people looking to refinance their student loans. Borrowers ... Refinance mortgage rate dips for Tuesday Bankrate.com Refinance rates were mixed, but one key rate decreased. If you're in the market for a home loan, see how your payments might be affected.
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