Mortgage Q&A: âWhy are refinance rates higher?â If youâve been comparing mortgage rates lately in an effort to save some money on your home loan, you may have noticed that refinance rates are higher than purchase loan rates. This seems to be the case for a lot of big banks out there, including Chase, Citi, [&hellip
The post Why Are Refinance Rates Higher? first appeared on The Truth About Mortgage.
Mortgage Q&A: âWhat is a streamline refinance?â While qualifying for a mortgage refinance is generally a lot harder than it has been in the past (now that lenders actually care how your home loan performs), there are less cumbersome options available. In fact, many lenders offer âstreamlinedâ alternatives to existing homeowners to lower costs and [&hellip
The post What Is a Streamline Refinance? first appeared on The Truth About Mortgage.
Most of us are familiar with new car smell, but home buyers might have caught a whiff of another scent during their home-shopping spree: new house smell.
The post What Is New-House Smell? A Reality Check on the Risks, and How To Get Rid of It appeared first on Real Estate News & Insights | realtor.comÂ®.
A lot of homeowners are looking to refinance their mortgages at the moment. Thatâs abundantly clear based on the record volume of refis expected this year, per the MBA. And while mortgage rates are in record low territory, thus making the decision to refinance an easy one for most, it still pays to shop around. [&hellip
The post If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders first appeared on The Truth About Mortgage.
Is 2021 the year you’re going to buy an investment property? We spoke to successful home flippers about what they wish they had known when starting out.
The post 7 Insider Secrets About House Flipping To Put You on the Path to Profitability appeared first on Real Estate News & Insights | realtor.comÂ®.
Mortgage Q&A: âDoes a refinance require an appraisal?â A reader recently asked if they needed an appraisal to refinance their existing mortgage, knowing they can often add weeks to the loan process. As with anything in the mortgage realm, the answer is it depends. Mainly, it depends on the type of loan you plan to [&hellip
The post Does a Refinance Require an Appraisal? first appeared on The Truth About Mortgage.
To help you head into the new year as a well-informed home buyer, seller, or owner, here are the top lessons we learned about real estate this year.
The post The Best Real Estate Advice of 2020: How the Pandemic Transformed Housing This Year appeared first on Real Estate News & Insights | realtor.comÂ®.