fixed-rate mortgage, Rates Move Higher
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Adjustable-rate mortgage loans have a short fixed-rate ... it may be a good time to refinance and lock in a low fixed-rate. Here's what to think about while you consider refinancing.
Mortgage applications bounced back last week, heading up after weeks of declines and hitting their highest level in more than a month, according to the latest data from the Mortgage Bankers Association (MBA).
People refinance their mortgages for a variety of reasons, including to get a lower interest rate and monthly payments, to shorten the term of the mortgage, to convert from an adjustable-rate ...
According to a report from Optimal Blue, total rate-lock volume in May decreased by 5.87%, driven by a drop in both refinancing.
Refinancing a mortgage means replacing your existing mortgage with a new loan. You can use a refinance to turn some of your home equity into cash, but it’s also possible to hold onto your home ...