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Homeowners taking cash out of homes as economic uncertainty looms

Homeowners taking cash out of homes as economic uncertainty looms

by RyanM | Apr 15, 2020 | Mortgage News

The financial turmoil sparked by the coronavirus outbreak has one upside for homeowners: Cash-out refinancings are spiking along with overall refinancings, as borrowers rush to take advantage of mortgage rates that are down significantly from a year ago. The practice,...
The amount of equity homeowners have is hitting record highs

The amount of equity homeowners have is hitting record highs

by Candace Ellington | Sep 27, 2019 | Mortgage News

A new report by CoreLogic found that the amount of equity homeowners have in their homes is at an all-time high. The data company reported that the national share of homes with negative equity fell to just 3.8 percent, and since the second quarter of 2018, 151,000...
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© Copyright 2022 Premier Mortgage Resources, LLC (“PMR”) | NMLS # 1169 www.nmlsconsumeraccess.org| Equal Housing Opportunity | PMR is not an affiliated or an agency of the federal government. All information contained herein is for informational purpose only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures, rates, terms, programs, and underwriting policies are subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Some products may not be available in all states and restrictions apply. AZ-BK #0937529; CA – Licensed by the Department of Financial Protection and Innovation, under the California Residential Mortgage Lending Act; WA-CL 1169

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