Closing the Loan: Final Steps in the Refinancing Process
For homeowners, the closing stages of the refinancing process may be both thrilling and terrifying. Since this is when the new loan is formally formed, and the refinancing objectives are lastly accomplished. The important steps involved in closing the loan—closing...
Home Buying
Refinancing
Calculators
Mortgage Types
Real Estate
Stabilization in Mortgage Rates Could Continue
Mortgage rates were little changed this past week, and one short-term outlook has them staying put for the next week. Another forecast has quarterly...
Escalation Reported for Mortgage Rates
The short-term report is that interest rates on residential loans turned higher this past week. The medium-term outlook is for more of the same. For...
FHA False Claims Actions Among Industry Concerns
Among the concerns shared by attendees at a recent secondary marketing conference is the legal uncertainty accompanying government-insured...
Mortgage Rates Lowest Since April
Home-lending interest rates retreated again and now stand at their lowest level since April. Average rates on hybrid adjustable-rate mortgages...
30-Yr Mortgage Rates Down 4 Out of Last 5 Weeks
For four out of the last five weeks, 30-year fixed rates have retreated. Meanwhile, an index used on pre-crisis adjustable-rate mortgages is in...
Weekly Mortgage Rates Down, Monthly Rates Up
Although interest rates on consumer mortgages were higher on a monthly basis, a week-over-week reduction was recorded. Most industry economists see...
