by Attorneys Funding Group | Jul 13, 2020 | Blog, Mortgage
For the third consecutive week, the total number of mortgage loans in forbearance fell. According to the Mortgage Bankers Association, the rate fell by nearly 9 percent in the last week of June. In addition, Fannie Mae and Freddie Mac loan in forbearance statuses...
by Attorneys Funding Group | Jul 3, 2020 | Blog, Mortgage
Rates for refinancing do not always align with home purchase rates. Yet, there’s hope: Low rates for refinancing is very doable. It will just take a little extra work. Here are five ways you may be able to score a good interest rate if you’re thinking about...
by Attorneys Funding Group | Jul 3, 2020 | Blog, Mortgage
Driven by falling mortgage rates, the volume of purchase mortgage applications increased by 5 percent for its seventh straight weekly gain. Purchase activity increased by 18 percent year over year. While refinancing volume slid by a modest amount, overall purchases...
by Attorneys Funding Group | Jul 3, 2020 | Blog, Mortgage
Looking to boost the amount of cash you have available in the midst of the COVID-19 (Coronavirus) crisis? If you have equity built up in your house, a cash-out refinance might be an option to consider. A cash-out refinance allows you to refinance your mortgage and use...
by Attorneys Funding Group | Jul 3, 2020 | Blog, Mortgage
Though mortgage rates are somewhat in flux at the moment as a result of the COVID-19 (Coronavirus) crisis, there is a chance that today’s rates are lower than what your current mortgage rate is. What does that mean for you? Well, if your current interest rate is lower...