August Power Play reaches beyond cash-out refinances while pairing near-term pricing incentives with a longer-term broker technology play
Tagged: Refinance
Truework finds 85% consider refinancing important to their financial health, revealing a highly motivated but financially vulnerable future borrower pool
Oil shocks and geopolitical headlines are moving mortgage rates before the Fed acts, leaving originators little time to prepare borrowers and lock loans when opportunity returns
Purchase demand softened while refinance activity continued to show resilience despite higher borrowing costs
Lendtrain gives homeowners instant refinance estimates before connecting them with licensed mortgage professionals
Mortgage lenders love to tout high retention numbers. But without a common definition of recapture, the industry's favorite metric may reveal more about marketing than actual borrower retention
Study estimates well-qualified conventional borrowers are among the most likely to miss the lowest available rates, reinforcing a broader trend in mortgage shopping
Company argues efforts to lower closing costs could transfer risk to lenders, borrowers and investors
Many prospective refinancers carry mortgage rates above 5%, suggesting demand could accelerate if borrowing costs decline
More than half of first-quarter equity withdrawals came through HELOCs and second liens, according to ICE Mortgage Monitor