Unemployed and unable to refinance

Oct 15, 2021
With mortgage rates around 3%, many of those who might benefit the most from refinancing and reducing their monthly payments aren’t able to.
Although mortgage interest rates are low, many banks require applicants for refinancing to be employed.
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Homeowners are building wealth at record rates without doing a thing

Sep 8, 2021
Rising values have given homeowners a lot more equity, which they can tap for cash. They gained $1 trillion in the second quarter.
A residential development and golf course in Las Vegas. U.S. homeowners cashed in $63 billion in equity during the second quarter, according to data firm Black Knight.
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The refinancing boom could be slowing down ... for now

Mar 22, 2021
Many people may have already locked in ultra-low mortgage rates over the past year.
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Refinancing a mortgage just got more expensive

Dec 4, 2020
A new "adverse market fee" kicked in this week, despite declining interest rates.
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Millions of homeowners could still save by refinancing

Sep 4, 2020
The hassle isn't the only thing stopping them.
A residential neighborhood in Las Vegas. Nearly 18 million people could refinance their mortgages at lower rates, a mortgage data firm estimates.
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Upcoming fee has some homeowners rethinking refinancing

Aug 17, 2020
The Fannie Mae and Freddie Mac-backed "adverse market fee" drops on Sept. 1.
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Low mortgage rates spur many to refinance

Jul 17, 2020
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% for the first time in 50 years.
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% this week. For some people, that's a chance to refinance.
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Low interest rates from COVID-19 present a real estate opportunity

Feb 28, 2020
But the uncertainty that's driving those rates down is causing some to have second thoughts.
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More people are taking cash out of their homes

Feb 5, 2020
A recent study shows mortgage refinancing spikes before economic recession.
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Home refinancing bonanza is upon us

Aug 9, 2019
The average rate on a 30-year fixed loan just hit 3.6%, according to Freddie Mac. That's a three-year low.
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