Lenders say they have seen an increase in refinance applications since the United Kingdom voted to exit the European Union.
Lock your mortgage rate now because today’s rate plunge might not last long. That’s today’s advice from mortgage brokers and loan officers.
More than a million dwellings needed to be built last year just to keep up with the new households that were created. Yet only 620,000 new housing units were completed, meaning that the nation fell short by 430,000 homes. And that’s just in 1 year. So says Laurie Goodman, codirector of the Urban Institute’s Housing
Mortgage rates are at their lowest levels in about 3 years. Many factors are pushing down on mortgage rates. I’m gonna zero in on what’s going down in Europe.
The Federal Reserve’s rate-setting actions don’t always affect mortgage rates the way you would expect.
We like our new houses big, and with a lot of bathrooms. The median size of a brand-new house swelled to 2,467 square feet last year.
CoreLogic economists say they expect mortgage rates to rise — that’s a safe bet — so they think refinances will dry up.
If you have sold a house and bought another, or if you have refinanced a mortgage, you probably have ignored a universally given piece of financial advice. And you know what? You’re fine.
If you’re eager to buy a house, go ahead and seek a mortgage preapproval, even if you have imperfect credit. Maybe you’ll be pleasantly surprised.
More mortgage borrowers are reviewing their loan disclosures before they close on their homes.