Mortgage Applications, Refinances Surge After Interest Rate Drop |

Loan Programs – UFF West Funding Corp – Mortgage Applications, Refinances Surge After interest rate drop June 17, 2019 Housing Market May be Slowing Based on Qualification Stigma June 17, 2019 Office Information

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Let’s talk mortgage basics. There are two main types of mortgage refinances available to homeowners. There is the standard rate and term refinance, which allows a borrower to obtain a lower mortgage rate and/or shorten their loan term, while keeping their existing loan balance intact.. And then there is the "cash-out refinance," which allows a borrower to tap into the equity (or cash) in.

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Forecasts and Commentary | Mortgage Bankers Association – As a result of these declines in rates, we saw a brief surge in refinance activity. We had a three-week period in late March when the 30-year fixed rate dropped from 4.55 percent to 4.36 percent and we saw a pick-up in refinance applications, especially for high loan balance borrowers.

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Catherine Hays, Realtor- 731.343.1200 – Home | Facebook – Mortgage Applications, Refinances Surge After Interest Rate Drop Thanks to low mortgage rates and slowing home prices, mortgage applications and refinances soared last week. catherine hays, Realtor- 731.343.1200 shared a link .

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