News

ICE Mortgage Technology, neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc ...
For many homeowners, the house they live in is more than just a place to come home to—it’s a powerful financial asset. With rising home values across the country, many people now have more equity in ...
If your property value has increased, you may be able to move up the day you drop your mortgage insurance coverage. And even ...
The pace of home equity growth slowed to its lowest point in two years, largely due to falling home prices in the Sun Belt ...
Rocket Mortgage (formerly Quicken Loans) is the largest home lender in America, both in terms of dollars lent and number of ...
To qualify for a cash-out refinance, most lenders require: A credit score of 620 or higher (680+ for lowest rates) Up to 20% equity remaining after the refinance A debt-to-income ratio below 43% ...
Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity ...
The amount of cash you receive is dependent on a few factors, including the equity in your home. Between 2013 and 2023, the average cash-out from a refinance was $37,131.
Higher rates threaten to slam the brakes on what was a booming market for cash-out refinances, a popular way to tap into home equity as property values rise. Mortgage industry experts expect the ...
You have $175,000 in equity in your home. If the lender lets you pull out as much as 80 percent of your home’s equity, you can cash out up to $140,000 to complete energy-saving improvements.
Milliman, a global consulting and actuarial firm, released its latest Mortgage Default Index (MMDI) for the first quarter of ...