The 5 Cities Where Homeowners Are Taking Advantage of Lower Mortgage RatesHomeowners are refinancing their loans as mortgage rates have dipped to 6.76%, causing a significant increase in refinancing activity.
MBA lowers 2025 mortgage forecast for refinancesThe MBA's revised mortgage forecast highlights an increase in purchase originations paired with a decrease in refinancing projections, indicating changing market conditions.
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall againMortgage demand has shifted towards refinancing due to declining interest rates, though purchases remain weak compared to last year.
The Average American Refinances Their Home Every 6 Years - Here's How to Know If You ShouldRefinancing can help lower monthly mortgage payments but requires careful consideration of closing costs and break-even points.
If These 5 Things Are True, It's Time to Refinance Your HouseRefinancing can provide extra funds, but careful consideration of costs and goals is crucial.
Do you have an adjustable-rate mortgage? The clock is ticking, here's what you need to do right nowHigh interest rates post-COVID create challenges for ARM homeowners. Understand terms, consider refinancing, and explore loan modifications to manage rate adjustments.
The 5 Cities Where Homeowners Are Taking Advantage of Lower Mortgage RatesHomeowners are refinancing their loans as mortgage rates have dipped to 6.76%, causing a significant increase in refinancing activity.
MBA lowers 2025 mortgage forecast for refinancesThe MBA's revised mortgage forecast highlights an increase in purchase originations paired with a decrease in refinancing projections, indicating changing market conditions.
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall againMortgage demand has shifted towards refinancing due to declining interest rates, though purchases remain weak compared to last year.
The Average American Refinances Their Home Every 6 Years - Here's How to Know If You ShouldRefinancing can help lower monthly mortgage payments but requires careful consideration of closing costs and break-even points.
If These 5 Things Are True, It's Time to Refinance Your HouseRefinancing can provide extra funds, but careful consideration of costs and goals is crucial.
Do you have an adjustable-rate mortgage? The clock is ticking, here's what you need to do right nowHigh interest rates post-COVID create challenges for ARM homeowners. Understand terms, consider refinancing, and explore loan modifications to manage rate adjustments.
A hike in inflation sees an increase in the number of SMEs considering to sell their business - London Business News | Londonlovesbusiness.comMany UK SMEs are looking to sell or refinance due to economic challenges, yet face data access issues hindering their efforts.
Housing relief? Mortgage rates drop to their lowest level in over a yearMortgage rates decreased, leading to a rise in refinancing, but buying a home remains challenging. Homeowners with low-cost loans are reluctant to move.
Chase Home Lending announces limited-time refinance rate discountChase offers a rate sale to assist customers affected by high mortgage rates through cash-out refinances and refinancing options.
Mortgage rates plummet and everything has suddenly changed for nowBorrowers with strong credit secure mortgages at low rates, motivating both refinance and purchase activity.
They bought homes with the intention to refinance. Now they're stuckMany homebuyers struggled after the surge in mortgage rates during the pandemic, expecting to refinance but facing challenges due to rising interest rates.
Average rate on a 30-year mortgage falls to lowest level in more than a yearMortgage rates have dropped, increasing purchasing power and interest in home buying and refinancing.
Average 30-year mortgage rate surges, adding pressure on buyersMortgage rates have surged, impacting homebuyers amid high prices and limited housing supply.The average 30-year mortgage rate rose to 6.32%, complicating affordability for buyers.
Housing relief? Mortgage rates drop to their lowest level in over a yearMortgage rates decreased, leading to a rise in refinancing, but buying a home remains challenging. Homeowners with low-cost loans are reluctant to move.
Chase Home Lending announces limited-time refinance rate discountChase offers a rate sale to assist customers affected by high mortgage rates through cash-out refinances and refinancing options.
Mortgage rates plummet and everything has suddenly changed for nowBorrowers with strong credit secure mortgages at low rates, motivating both refinance and purchase activity.
They bought homes with the intention to refinance. Now they're stuckMany homebuyers struggled after the surge in mortgage rates during the pandemic, expecting to refinance but facing challenges due to rising interest rates.
Average rate on a 30-year mortgage falls to lowest level in more than a yearMortgage rates have dropped, increasing purchasing power and interest in home buying and refinancing.
Average 30-year mortgage rate surges, adding pressure on buyersMortgage rates have surged, impacting homebuyers amid high prices and limited housing supply.The average 30-year mortgage rate rose to 6.32%, complicating affordability for buyers.
Are you prepared to respond as borrower demand shifts?The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
From mortgages to auto loans, experts weigh in on when or if to refinance as interest rates fallFederal Reserve's interest rate cut influences consumer refinancing decisions.Most homeowners are locked into lower rates, complicating refinancing considerations.
Mortgage applications rise to highest level since July 2022Mortgage applications hit a two-year high due to an 11% increase, driven mainly by refinancing amid declining mortgage rates.
Best mortgage lendersRate Mortgage is a top choice for its flexibility and fast approval processes, making it ideal for various borrowers.
Mortgage demand rises amid lowest rates in a monthMortgage applications rose 2.8% driven by lower rates and improved inventory, signaling a positive shift for prospective home buyers.
The Top 10 States Looking To Refinance-for Lower Rates, HELOCs, and Other ReasonsHomeowners are actively refinancing or tapping into equity due to lower interest rates and higher home valuations.
Are you prepared to respond as borrower demand shifts?The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
From mortgages to auto loans, experts weigh in on when or if to refinance as interest rates fallFederal Reserve's interest rate cut influences consumer refinancing decisions.Most homeowners are locked into lower rates, complicating refinancing considerations.
Mortgage applications rise to highest level since July 2022Mortgage applications hit a two-year high due to an 11% increase, driven mainly by refinancing amid declining mortgage rates.
Best mortgage lendersRate Mortgage is a top choice for its flexibility and fast approval processes, making it ideal for various borrowers.
Mortgage demand rises amid lowest rates in a monthMortgage applications rose 2.8% driven by lower rates and improved inventory, signaling a positive shift for prospective home buyers.
The Top 10 States Looking To Refinance-for Lower Rates, HELOCs, and Other ReasonsHomeowners are actively refinancing or tapping into equity due to lower interest rates and higher home valuations.
EPO fees are back. How mortgage lenders can avoid themEPO penalties pose significant financial challenges for mortgage lenders, affecting commissions and profits, especially for smaller companies.
Cash-out refi customers largely used proceeds to pay down debtStudent loan balances were less affected by refinancing, declining gradually rather than sharply unlike credit card and auto loan balances.
EPO fees are back. How mortgage lenders can avoid themEPO penalties pose significant financial challenges for mortgage lenders, affecting commissions and profits, especially for smaller companies.
Cash-out refi customers largely used proceeds to pay down debtStudent loan balances were less affected by refinancing, declining gradually rather than sharply unlike credit card and auto loan balances.
UWM delivers highest volume in three years amid mini refi boomUWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Fitch Ratings says the 2025 mortgage sector outlook is improving'Fitch Ratings has predicted an improving outlook for the mortgage sector in 2025 due to expected lower rates and increased profitability.
Reverse mortgage volume and HMBS issuance improve in AprilRefi volume dropped 3.4% due to higher rates, but some top lenders saw gains. RMI President Lunde advocates cautious optimism, citing steady gains and focus on H4P niche.
UWM delivers highest volume in three years amid mini refi boomUWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Fitch Ratings says the 2025 mortgage sector outlook is improving'Fitch Ratings has predicted an improving outlook for the mortgage sector in 2025 due to expected lower rates and increased profitability.
Reverse mortgage volume and HMBS issuance improve in AprilRefi volume dropped 3.4% due to higher rates, but some top lenders saw gains. RMI President Lunde advocates cautious optimism, citing steady gains and focus on H4P niche.
Brooklyn Navy Yard developer strikes $150M refinancing deal for Admirals RowSteiner NYC has secured a $148.5 million loan to enhance the Brooklyn Navy Yard's Admirals Row, providing mixed-use development benefits.
We bought a new car with a 10% interest loan, and now finances are tight - are we stuck?Rachel and Mike's financial strain highlights the importance of re-evaluating large purchases and options like refinancing or downsizing.
Tishman Speyer lands $301M refi on historic Macy's building in Downtown BrooklynTishman Speyer secured a $301 million refinancing deal to continue its redevelopment of the historic Macy's building in Downtown Brooklyn.
Related bags $380M Bronx Terminal Market refiRelated Companies refinanced Bronx Terminal Market with a $380 million deal, replacing a previous nonperforming loan.The property's 90% lease rate and investment-grade tenants indicate strong market performance.
Lincoln Property Lands $65M Refi of West LA Office CampusLincoln Property secures a $65 million loan to refinance Wateridge campus in Ladera Heights.The property includes office buildings, tenants like Kaiser Health Foundation, and mixed-use facilities such as a gym and retail center.
Tishman Speyer lands $301M refi on historic Macy's building in Downtown BrooklynTishman Speyer secured a $301 million refinancing deal to continue its redevelopment of the historic Macy's building in Downtown Brooklyn.
Related bags $380M Bronx Terminal Market refiRelated Companies refinanced Bronx Terminal Market with a $380 million deal, replacing a previous nonperforming loan.The property's 90% lease rate and investment-grade tenants indicate strong market performance.
Lincoln Property Lands $65M Refi of West LA Office CampusLincoln Property secures a $65 million loan to refinance Wateridge campus in Ladera Heights.The property includes office buildings, tenants like Kaiser Health Foundation, and mixed-use facilities such as a gym and retail center.
Cumulus Q1: Digital up. Total revenue down. "Considerable runway." - RAIN NewsRefinanced capital structure with favorable terms, resulting in reduced debt, lower interest rates, and increased asset-based lending.Focused on digital growth, accelerating digital marketing services to increase revenue while facing challenges in overall revenue and specific categories.
Pacific Equity Scores $135M Loan on Malibu Retail ProjectPacific Equity Partners secured $135 million loan to refinance Cross Creek Ranch in Malibu.The property includes 60% retail and 40% office space, valued at over $1,200 per square foot.
For Homeowners With Adjustable-Rate Mortgages, the Clock Is Ticking: Here's What To DoHomebuyers with adjustable-rate mortgages from 2019 are facing challenges due to high interest rates, needing to navigate potential rate increases strategically.
Brookfield Properties, Partner Refinance Victoria Gardens MallBrookfield Properties and Queensland Investment Corporation are refinancing part of Victoria Gardens mall, showcasing strategic financial maneuvers amid challenges in retail sector.