by RealtyBizNews | Oct 21, 2021 | home valuation, Industry News, Real Estate News, refinance eligibility, refinancing, refinancing programs
The Federal Housing Finance Agency has opted to make desktop appraisals permanent, having first introduced them as a temporary measure in March 2020. Desktop appraisals, as the name suggests, are an appraisal of a home’s value that’s done entirely at the appraiser’s...
by RealtyBizNews | May 6, 2021 | Mortgage, Real Estate, Real Estate News, refinancing
A large number of homeowners have expressed regret that they missed out on the 2020 refinancing wave, which saw many take advantage of record-low interest rates to reduce their monthly mortgage payments. A new survey from LendingTree found that 36% of homeowners who...
by RealtyBizNews | Dec 15, 2020 | foreclosure rate, Mortgage, Real Estate News, refinancing, refinancing loans
CoreLogic says its research shows that low mortgage rates are helping to keep elevated delinquencies in check. “Our analysis of CoreLogic public records shows that more than one-half of all home mortgage loans created since the onset of the pandemic have been...
by RealtyBizNews | Dec 3, 2020 | Mortgage, Real Estate News, refinance, refinancing
With mortgage rates still at record lows, many homeowners are in a position to save hundreds of dollars a month on their mortgage payments. Black Knight, a mortgage technology and data provider, said this week that it believes a record number of homeowners – some 19.4...
by RealtyBizNews | Sep 17, 2020 | Mortgage, mortgage rates, Real Estate News, refinancing
With the 30-year fixed-rate mortgage at an all-time low, the pool of homeowners that could benefit from refinancing and lower their monthly mortgage repayment has increased dramatically, experts say. In fact, some 75% of homeowners, or around 19.3 million, could...
