Tag Archives: Refinance

The latest data from the Ellie Mae Millennial Tracker revealed that mortgage refinances accounted for 45% of all millennial loans for November. That’s a 14% increase year over year for November and a 3% bump from October alone.  Ellie Mae divides millennials into two subgroups — older millennials (30-40 years …

While the year 2020 has been touch and go at points, the low interest rates it brought with it are certainly popular. Right now, 30-year mortgage rates are at a record-setting low, and refinancing is a bona fide trend. Most homeowners are itching to take advantage of those rates to …

Many Americans are refinancing their mortgage rates right now due to the near record-low low interest rates we’ve seen since the start of the pandemic. There are tons of different refinance loans available, but in most cases, homeowners will choose to refinance to a fixed-rate mortgage. You might be surprised …

With today’s low-interest rates, more and more people are able to refinance and get a better deal on their mortgages, but homeowners with bad credit scores may be left wondering whether they have a shot at refinancing their mortgages. The good news is that even homeowners with poor credit scores …

[unable to retrieve full-text content] Refinancing is a big decision to make. Refinancing to a much shorter term will lead to higher monthly costs, but if you can handle them, then it’s a great way to save money on your mortgage. The post 10 Year Mortgage Refinance appeared first on …

Interest rates dropped almost 1% between the end of 2019 and the end of 2020, so now may be a great time for a personal loan refinance. Refinancing your personal loan could save you hundreds or even thousands and help you get out of debt faster. Understanding how to refinance …

[unable to retrieve full-text content] Despite the economic hardships people are facing around the country, this year has been a popular time to refinance or borrow money to purchase a home. The post When to Refinance Your Mortgage? appeared first on The Simple Dollar. The Simple Dollar

When mortgage interest rates decrease, many homeowners start to wonder whether they should refinance their existing mortgages to get a lower rate or a different loan term. However, the additional closing costs you pay when refinancing can sometimes make refinancing more expensive in the long run. In some cases, the …

Refinancing has become a popular decision for homeowners in 2020, as interest rates are at historic lows. You might hear about friends or family refinancing and wonder if you should be doing the same.  While refinancing can be an effective way to reduce your mortgage interest rate or monthly payment, …