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Hanover Mortgages

The Refined Mortgage Lending Company & Home Loan Lenders

Refinance

Who are the best online mortgage lenders right now?

March 25, 2023 by Brett Tams

4. Homefinity   Headquartered in Madison, Wisconsin, Homefinity is an online mortgage lender that is licensed in 48 US states (excluding New York and Nevada) and Washington, D.C. Launched in 2018, Homefinity stands out with its speedy underwriting process—with closings for a purchase averaging about 30 days. This online lender also gives you the option to … [Read more…]

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What Is a Cash Out Refinance?

March 25, 2023 by Brett Tams

Have you ever heard the phrase “using your house like a piggy bank” and wondered how exactly that works? The answer: a cash out refinance. A cash out refinance lets you pocket some of the value of your home. You … Continue reading →

The post What Is a Cash Out Refinance? appeared first on SmartAsset Blog.

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Current national mortgage and refinance rates, March 24, 2023 … – Bankrate.com

March 25, 2023 by Brett Tams

Current national mortgage and refinance rates, March 24, 2023 …  Bankrate.com

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FHFA prevention actions surpassed 52K in Q4 2022

March 25, 2023 by Brett Tams

A new report from the FHFA outlines figures for foreclosure assistance, loan delinquency and forbearance rates and GSE-owned inventory.

Posted in: Mortgage, Refinance Tagged: 15-year, 2, 2021, 2022, 30-year, 30-year fixed rate, acquisitions, Administration, All, average, book, borrowers, business, Delinquency rate, Department of Veterans Affairs, estate, Family, Fannie Mae, Federal Housing Finance Agency, FHA, FHFA, Finance, Financial Wize, FinancialWize, fixed, fixed rate, Fixed rate mortgage, Forbearance, forbearance programs, foreclosure, foreclosure prevention, Freddie Mac, government, GSE, GSEs, homeowners, Housing, housing finance, industry, interest, interest rate, inventory, loan, Loan Forbearance, Loans, More, Mortgage, Mortgage Rates, mortgage servicing, Mortgages, new, or, pandemic, party, payments, programs, property, property acquisitions, rate, Rates, Real Estate, Refinance, Regulatory, sales, serious delinquency, single, single-family, states, VA, veterans, veterans affairs, volume

Is a House an Investment?

March 25, 2023 by Brett Tams

It can be a complicated decision to determine if you should rent or buy a home. And if you’re leaning toward buying, high housing prices and high mortgage rates are likely making that decision even more difficult. Current economic conditions … Continue reading →

The post Is a House an Investment? appeared first on SmartAsset Blog.

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What Is Refinancing?

March 25, 2023 by Brett Tams

When you refinance, you replace your current mortgage with shiny new one. Your new mortgage could have a longer or shorter term, be adjustable-rate or fixed-rate. The refinance decision will likely involve large sums of money, so it’s good to … Continue reading →

The post What Is Refinancing? appeared first on SmartAsset Blog.

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Buy a house with no money down with the best VA loan and USDA mortgage lenders – CNBC

March 24, 2023 by Brett Tams

Buy a house with no money down with the best VA loan and USDA mortgage lenders  CNBC

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Mortgage prepayment rebounds as spring home buying season takes hold

March 24, 2023 by Brett Tams

Prepayment activity nearly doubles between January and June, but with refi near record lows, season impacts will be more noticeable.

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Mortgage prepayments rise from record lows

March 24, 2023 by Brett Tams

Increased refinancing activity that was prompted by a dip in rates drove prepayments higher after four months of record lows in February. The share of mortgages that prepaid rose to 0.35% from 0.33% in January. Black Knight has been anticipating that some of more recent originations could be exposed to risk due to the recent … [Read more…]

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Good news: Today’s 30-year mortgage rates tumble below 6% | March 23, 2023 – Fox Business

March 24, 2023 by Brett Tams

Good news: Today’s 30-year mortgage rates tumble below 6% | March 23, 2023  Fox Business

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