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The non-qualified mortgage market has experienced considerable growth since the introduction almost ten years ago. 10 years in, credit assessments regularly release performance statistics for investors, who provide remarkable insight into this extremely versatile asset class. In a recent standard study into non-QM performance over the years, for example, KBRA analysts note that non-QM loans […]
The number of homeowners who are “in the money” for a REFI, rose two weeks earlier by 55%, from 2 million to 3.1 million. That is according to September Mortgage monitor report by ICE Hypotheek technologyreleased on Monday. The growth comes as Americans continue to be confronted with increasing costs that are linked to the […]
The report showed that the mortgage interest rates in July in all loan types, with the optimum blue mortgage market indices (OBMMI) 30-year-old in accordance with 5 BP to 6.72%. Fha” Va and Jumbo rates rose to 6.50%respectively, 6.33%and 6.89%. Purchase volume was flat yo, while the cash-out and the refinancing locks of the rate […]
Over all ages, 56% said that refinancing to a lower mortgage interest rate is important or extremely important for their financial health, while 25% called it ‘extremely important’. “These findings reveal a generation of home buyers who take significant financial risks in the current market,” said Ethan Winchell, co-founder and president of TrueWork. “Although the […]
