#mortgage-refinancing

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fromwww.housingwire.com
2 weeks ago

With rate locks up, Optimal Blue launches automated refinance tool

Cash-out refi lock volume fell 10% month over month while rate-and-term refi locks dropped 44%. But compared to May 2024, cash-out volume rose 13% and rate-and-term refis were up nearly 21%.
Marketing tech
from24/7 Wall St.
2 months ago

I'm torn: Should I refinance my 8% mortgage to 7% with $2k in closing costs or stick with my current loan?

The user should first calculate the break-even point for refinancing, which in this case is immediate due to the lender absorbing closing costs.
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