Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country…
Posts published in “cash-out refinancing”
Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock…
Lenders are managing risk by focusing on borrowers with prime credit scores who are keeping a bigger equity stake in their homes, according to Black…
Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Source: Inman…
Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down…
With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of…