Tag Archive: serial refinancing

Why More Homeowners are Refinancing to Shorten Their Terms

August 17, 2016 by Leave a comment

Most people refinance for one of three reasons: Reduce their interest rate Reduce their monthly payment Convert some of their equity into cash Recently, however, equity has built up in millions of homeowners’ properties thanks to three years of rising home values. This has lead to an incread many owners are also using equity to... View Article

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Ever Lower Rates Bring out the Serial Refinancers

July 19, 2016 by Leave a comment

Brexit, the British decision to leave the European Union, is the latest unexpected event that’s driving down mortgage interest rates as investors flee Great Britain and European markets for the safety of US Treasury bonds and mortgage-backed securities. Europe’s dilemma is a boon for American homeowners as the uncertainty in Europe took raising rates off... View Article

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