Desktop Underwriter Refinance Plus There are so many different loan programs out there, it is hard to know what is available to you. One option is a DU Refi Plus, which was created for borrowers who demonstrate a satisfactory payment history on their current mortgage, but have not been able to refinance due to the Read More »... Read more ›
Mortgage rates Trended down Late last week after the release of weak economic data, including a higher unemployment rate and mortgage rates trended down! This is after last month saw a slight increase, according to Freddie Mac’s Primary Mortgage Market Survey. Fortunately for current and prospective homeowners, interest rates continue to be very affordable. Through early R... Read more ›
Why are you refinancing? Are you trying to save money on interest, get out of onerous loan provisions, or are you simply trying to stay in your home with a lower monthly payment? Identifying your goals at the start will help you make a plan that meets your needs. How does the new home loan compare to Read More »... Read more ›
Considering a Refinance? In the 1980’s and 1990’s interest rates of 8-10% were commonplace. Over the years’ rates have dropped, and in 2012 we saw rates go as low as 3.35% and lower in some cases. What if you kept that rate of 10%, and never took advantage of the opportunity to lower it? You would have Read More »... Read more ›
