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Mortgage applications increase as more homebuyers turn to refinance

Mortgage applications increase as more homebuyers turn to refinance

by Candace Ellington | Nov 16, 2020 | Mortgage News

A major push from homeowners applying for refinance loans drove the overall volume of mortgage applications. According to the Mortgage Bankers Association, a significant number of homeowners applied for a new refinance loan to close out the month of October. The...
Millions of Americans could benefit from a home refinance loan

Millions of Americans could benefit from a home refinance loan

by Candace Ellington | Sep 18, 2020 | Mortgage News

Nearly 20 million American homeowners qualify for refinance programs that will save them hundreds of dollars per month on their mortgage. Freddie Mac’s Mortgage Market Survey also shows a seven-basis point drop in the 30-year mortgage rate. It’s a new record low. The...
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,...
Refinancing applications surge as rates continue to fall

Refinancing applications surge as rates continue to fall

by Candace Ellington | Feb 12, 2020 | Mortgage News

Spurred by ongoing reductions to mortgage rates, the refinancing world is spinning a little faster these days. According to the Mortgage Banker Association, the volume of loan applications rose substantially to close out the first month of the year. The association's...
Refinance loans reach highest percentage since 2015

Refinance loans reach highest percentage since 2015

by Candace Ellington | Dec 6, 2019 | Mortgage News

Just a few months ago, refinance loans made up more than half of all loans closed, according to Ellie Mae’s October Origination Insight Report. The monthly report noted that, previously, the highest percentage took place in March 2015. One of the contributing factors...
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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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