Categories for Mortgage Rates

Cash In Refinance Trend

March 15, 2010 by 3 Comments

Everyone has heard of a cash out refinance. In the off chance you have not, a cash out refinance is one in which a homeowner refinances their existing mortgage in order to acquire additional cash to be used for whatever purpose the borrower desires. The additional cash a homeowner receives once the existing mortgage is... View Article

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Foreclosure Rate Declines

March 11, 2010 by Leave a comment

According to this morning’s RealtyTrac February 2010 U.S. Foreclosure Market Report, 308,524 properties were foreclosed in February. This represents a 2% decrease from January, but still a 6% increase over February 2009. One in every 419 homes received a foreclosure notice in February. Although the rate has increased for 50 straight months, it is the... View Article

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