Tag: conforming loan

  • Mortgage Rates Sink to 5-Month Low

    Mortgage Rates Sink to 5-Month Low

    Just in time for the spring buying season, mortgage rates have fallen to their lowest level in five months, according to a lender survey released this week. This marks the fourth straight week in which mortgage rates have dropped. The benchmark for conforming 30-year fixed rate mortgages fell to 4.88 percent,... Continue Reading

  • Four Ways to Benefit From a Cash-In Refinance

    Four Ways to Benefit From a Cash-In Refinance

    Gone are the days when homeowners "cashed out" on the equity of their homes through a mortgage refinance, and used the money to pay off other bills, renovate a kitchen, or jet to Bora Bora. Stringent, post-housing-boom lending policies mean a gain in popularity for the complete opposite of the cash-out refi --... Continue Reading